Company Sues Man on Life Support With COVID in Order to Recoup Loan
A Bronx landlord who’s clinging to life thanks to COVID-19 was slapped with two lawsuits over a $23,000 high-interest loan he was forced to take out during the pandemic-related rent moratorium, according to a new lawsuit.
The lending company Premier Capital Funding LLC is hunting down Jeffrey Schneider — who is on life support — to repay $58,000 for the loan he took out in May through his company Remie Realty Corp., according to court papers filed by Schneider’s wife.
Schneider, the landlord of a rent-controlled building in the Bronx, sought the $23,000 life line when his struggling tenants stopped paying rent, the court filing says.
He managed to pay back $25,000 of the roughly $35,000 total he owed on the high-interest loan before coronavirus all but killed him.
“This debt that started out with the merchant [Remie] receiving $23,000 has now exploded into an $85,000 debt,” Schneider family lawyer Ashlee Colonna Cohen told The Post. “He’s already paid $25,000 of it and they are still asking for more.” (Read more from “Company Sues Man on Life Support With COVID in Order to Recoup Loan” HERE)
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