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1st Source Bank Truckers Bank Plan 1st source bank made me feel raped and violated! South Bend Indiana
1St Source Bank , made me feel raped and violated. I am suing 1st Source Bank for malicious interference with contractual relations. It is my opinion that 1st Source Bank purposely tried to destroy my business.
1st Source Bank lowered my borrowing limit in 2013, just 6 weeks or so after renewing my line to 2 million dollars, based on false information provided by a competitor. 1st Source bank didn’t investigate the claim with me but instead lowered the my borrowing limit by $1 million. Then shortly after , my line was completely yanked. The credit limit was lowered without explanation. A tape-recorded phone call with bank employee William Fazioli, revealed to me that one of my competitors had contacted the bank and alleged that Execu-Ride was closing its locations and selling its building. The bank made no investigation of the claim with me but instead first, froze my line then lowered my borrowing limit by $1 million. Recorded call http://lawsuitpressrelease.com/wp-content/uploads/2015/09/2013-08-23-15-05-001-recording.wav
When I began negotiating with other lenders to buy all the vehicles on the 1st Source Bank line, 1st Source backtracked and initiated negotiations to again extend credit to me again as 1st source now had a copy of the recorded conversation with Fazioli. However, as a condition, the bank asked me to release them from any and all liability to that point and agree to not call any bank employees or representatives as witnesses in any future litigation. I refused to agree to 1st Source’s release terms, the bank then foreclosed on the remainder of my credit line and filed a lawsuit against me, Execu-Ride and the banks it was negotiating with to replace 1st Source Bank. In my opinion, 1st Source Bank did this as they knew I was going to sue them for their conduct. I asked for payoffs and title copies to fund the vehicles elsewhere but they ignored me and failed to provide what I needed to fund the vehicles. As I stated above, they chose to try to prevent me from completing any transaction and sued my other lenders in an attempt to destroy me. 1St Source Bank has made me feel raped.
I did indeed pay the line off way back in 2014. But guess what... 1st Source refused to release the UCC filings they had even though it was a condition to release those UCC filings upon payoff. 1st Source just released those UCC filings on September 18, 2015. Yes, just a month ago, more malice. This also is proof of intentional interference.
In depositions backed by emails, 1st Source Bank account manager Richard Lewis who worked closely on my account admits that 1st Source Bank was “heavy-handed” in its dealing with Execu-Ride. He also confirmed that the bank “reacted to some rumors” about Execu-Ride and did this despite Execu-Ride living up to its agreements with the bank. See attched Rick lewis deposition. http://lawsuitpressrelease.com/wp-content/uploads/2015/09/Richard-Lewis-deposition.pdf
Christopher Craft contridicted himself in his depositions. The better word is he lied. Christopher Craft has told many lies during this process. Craft, just this week, once again gave a misleading, false statement to the auto rental news. My opinion, he is the banks puppet.
The banks law firm, May Lorber Oberfell has a paralegal/legal assistant, Lu Anne Thompson, she actually tried to get information from me, directly! Lu Anne Thompson emailed me directly. Not too sure, but I believe it is not legal conduct for the defendants law firm to contact me at all, maybe that's why the contact was made through a personal email. Sneaky.
Visit 1stsourcebanklawsuit.blogspot.com
5 Updates & Rebuttals
1st Source Bank malicous interference!
#6Author of original report
Sat, November 07, 2015
1st Source Bank sued in New Jersey for malicious interference with contractual relations.
Jim Seitz, president of 1st Source Bank, some of your bank employees have been acting really disgusting.
Chris Craft lied in depositions and in my opinion is participating in a cover up for 1st Source Bank
#6Author of original report
Thu, November 05, 2015
Christopher Craft of 1st Source Bank mislead the Auto Rental News and lied in his depositions. This I believe is a cover up to assist 1st Source Bank to further try to destroy my business. Chris Craft made false statements to the Auto Rental News which is not a surprise as he lied in his deposition. 1st Source bank did indeed hold back the release of UCC filings for 18 months after I paid for all of my vehicles. This is also no surprise as 1st Source Bank refused to allow me to buy my vehicles per my executed loan documents. 1st Source Bank refused to give me titles and payoff figures when requested.
This, in my opinion, was intentional to cause this enitre litigation.
Chis Craft lied in his depositions and to the Auto Rental News
#6Author of original report
Thu, November 05, 2015
Chistopher Craft of 1st Source Bank lied in his depositions and made false statements to the Auto Rental News. His photo is attached. I will be adding emails and depositions to this site every day. I suggest 1st Source Bank has Mr. Craft correct his false statements to with Auto Rental News.
1stsourcelawsuit.blogspot.com
#6Author of original report
Tue, November 03, 2015
visit us 1stsourcelawsuit.blogspot.com
https://youtu.be/3pK76cfmjH0
1stsourcelawsuit.blospot.com
#6Author of original report
Tue, November 03, 2015
visit us @ 1stsourcelawsuit.blogspot.com