Tommy Nevin's Naperville Pub Fighting Foreclosure Lawsuit
The Bank of America is taking the owners of Tommy Nevin's Irish Pub to court claiming they've defaulted on loans, which the owners deny.
The owners of Tommy Nevin's Irish Pub are working to settle a $5.5 million foreclosure lawsuit from Bank of America for allegedly missing several monthly mortgage payments that were due on two loans, reports ChicagoRealEstateDaily.com.
Denying the loans are in default, the owners of the Naperville pub, 3032 English Rows Ave., and Evanston location say they are still making payments and both establishments are doing well financially, according to the story.
Tommy Nevin's Plainfield, Frankfort and Willowbrook locations are not part of the foreclosure suit.
Steve Cin, a member of the ownership group, told ChicagoRealEstateDaily.com that the case is "soft."
"We are still making monthly payments . . . and they are still cashing our checks," Steve Cin told the website. “Both (locations) are healthy and doing well as far as sales.”
A Sept. 5 hearing has been scheduled.
Read the full story at www.chicagorealestatedaily.com.
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