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Successor-in-interest sues borrower it says owes balance on loan

FLORIDA RECORD

Sunday, December 22, 2024

Successor-in-interest sues borrower it says owes balance on loan

Lawsuits
Law money 05

ORLANDO — A successor-in-interest is suing Norberto Leon, a borrower, citing alleged breach of contract.

Troy Capital LLC filed a complaint on Jan. 2 in the 9th Judicial Circuit Court of Florida-Orange County against Norberto Leon alleging that he defaulted on his obligation to make payments due.

According to the complaint, Troy Capital alleges that Leon entered into a written agreement financed by plaintiff's predecessor-in-interest. After Leon defaulted on his obligation to make payments, the plaintiff's predecessor-in-interest took possession of the collateral securing the debt and disposed of it in a commercially reasonable manner. After applying the net proceeds of the sale of the collateral, a deficiency balance of $19,476.20 remains due and owing. 

The plaintiff holds Norberto Leon responsible because despite demand for payment, he allegedly failed to make the necessary payment.

The plaintiff requests a trial by jury and seeks judgment against the defendant for $19,476.20, plus costs of court and all such other and further relief to which it may be justly entitled. It is represented by Jonathan R. Singer and Richard Weissman of O&L Law Group PL in Tampa.

9th Judicial Circuit Court of Florida - Orange County Case number 19-CA-000054

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