Lender sues to recover $50,000
A man has not repaid a lender more than $50,000 after borrowing $75,000 from it, according to recently filed court documents.
Topstar Finance filed a lawsuit Nov. 28 in Jefferson County District Court against Brett Thomas.
In its complaint, Topstar alleges it lent Thomas $75,000 on March 26, 2009, which Thomas agreed to repay, along with accrued interest. Thomas did make $16,500 worth of payments, but still owes Topstar the remaining $58,500, according to the complaint.
Although Topstar has demanded the money from Thomas, he still has failed to make payments, the suit states.
In addition to the money it says Thomas owes it, Topstar seeks pre-judgment interest at 12 percent per year, costs, attorney's fees, post-judgment interest at the highest rate allowed by law and other relief the court deems just.
Gary J. Linthicum of Beaumont will be representing it.
Judge Donald Floyd, 172nd District Court, has been assigned to the case.
Case No. E191-397