NBVI threatens legal proceedings against the Maynards for nearly $100K in arrears
According to a letter sent to Mrs Maynard and her son from O’Neal Webster on behalf of NBVI, dated September 13, 2024, their loan account is nineteen (19) months in arrears and that arrears of $98,289.69 are due and owing to the Bank as at September 11, 2024.
According to the same letter published in the Official Gazette, the principal balance on the loan is $836,820.49 and the next installment payment of $5,307.47 will be due on October 10, 2024.
Maynards could lose property
It also said the loan is secured by a Legal Charge on property registered as Long Look Registered Section, Block 3240A, Parcel 262.
“We must advise that unless we receive your remittance of 598,289,69 together with legal fees in the amount of 57,504.48 within thirty (30) days from the date of this letter our client will not hesitate to commence legal proceedings to recover the debt without any further notice to you. We are authorised to accept payment on behalf of our client. Your payment should therefore be made payable to this firm,” the letter from O’Neal Webster stated.
Mrs Maynard was on June 20, 2024, sentenced to 9 years in prison for her involvement in a drug smuggling plot that also implicated her son Kadeem S. Maynard and former Virgin Islands Premier Andrew A. Fahie.
Kadeem was sentenced in a Miami court to 57 months in jail on Monday, November 20, 2023.
.png)
Follow Us On
44 Responses to “NBVI threatens legal proceedings against the Maynards for nearly $100K in arrears”
A small man owe the bank $200 them blowing up his phone and email. $500k shows obscene negligence on the banks part.
The more interesting question is what kind of property is this, and how did she intend to pay off such a huge mortgage? Unless there are several nice rental units, paying that on a civil servant's salary would be a challenge. Draw your own conclusions.
These banks will lend you money and you end up selling your soul to the highest bidder just to pay them back. That’s a lot of money owed. Interesting!!!
THIS SHOULD HAVE BEEN DONE FROM WHEN THE MOTHER AND SON GOT INCARCERATED.
WHY WOULD THEY ALLOW THE BANK TO PUT IT UP FOR SALE? MOVE OUT AND FIND AN APARTMENT. IT WOULD HAVE BEEN BETTER CUZ THE BANK WOULD HAVE GOTTEN WHAT’S THEIRS.
SORRY BUT IT SEEMS LIKE IT’S TOO LATE FOR THAT NOW.
THE LOVE OF MONEY CAUSE THEM TO LOSE EVERYTHING.
to far gone ignorant bush people.
Some people try others dont care. You can't expect the bank to pamper one everyday. Others not getting their priorities streigh they could find money for everything else except the bank. Stop saying they heartless we heartless to our selves. They help you once or twice you think the bank belongs to the bankers. It's a company
Based on the length of time it’s in arrears, shows that it was up to date as of the date they got caught up.
Clearly, the only way this is going to get sorted out now is if someone purchases it.
Look at what the legal fees owed are just now! This is a nightmare situation!!