I heard of Chad L. Resech's need of a loan from a reputable friend and although I never met him I thought I would do something nice for someone who was in a bad spot. I talked to Chad on the phone and he asked for a loan for $7,000.
I talked to him on the phone and he said going through a divorce from Heather Burgess Resech and needed first and last month’s rent so that he can rent this house (11194 68th Street NE, Albertville, MN 55301) in Albertville where his 4 kids reside. I do know who they are as I have ties to the community and the schools, but because they are minors I will respect their mother and not publish their names.
I met him in person Sept 6, 2016 and he gave me a promissory note for the principal and 30% interest due Oct 6, 2016. He said that he had a big deal with work that was supposed to pay up in Sept so he could repay me in Oct. I have not seen a dime paid on this loan even though I have been txting him asking when can he pay.
And now since Jan 26 I have had no response from him.
I guess I should have done more research versus trusting in his word and his reputation to my friend who introduced us. Now I see he has another RipOff report which he settled:
and a first-degree aggravated robbery which he was convicted:
mn.gov/law-library-stat/archive/ctapun/9805/2361.htm
He is on FB and LinkedIn, and I know many of the same people that he, his x-wife and kids know in Albertville. He is owner operator of CR Financial Services at 11688 Spruce Drive Monticello, MN 55362. I am not sure why he is not showing good faith in trying to repay this loan.
#2Author of original report
Wed, February 08, 2017
I also see that Chad L Resech was sentenced on 04/29/10 for Misdemeanor Issuance of Worthless Check to 90 days jail, $1,000 fine; 90 days, $850 stayed for one year on conditions of probation, pay $150 fine plus surcharges, pay restitution, have no same or similar violations. Sentenced by Judge Mottl.
westsherburnetribune.com/cwt/report-wright-county-attorney-thomas-n-kelly-162
and that he has many filings against him for non payment, including STMA hockey association.
https://www.juralindex.com/chad-l-resech-heather-n-resech.html