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NORTHERN CALIFORNIA RECORD

Thursday, April 25, 2024

BH Financial Services alleges individual owes more than $5,000 on loan

Lawsuits
Law money 05

STOCKTON – A debt buyer alleges an individual with a last-known address in Brentwood defaulted on a loan.

BH Financial Services Inc. filed a complaint on Oct. 26 in the San Joaquin Superior Court against Stephen Hambaugh and Does 1 to 5 alleging breach of contract.

According to the complaint, on July 27, 2016, the defendant entered into a promissory note with LoanMe Inc. for a loan and defaulted on the loan Sept. 1, 2016. The plaintiff alleges it has since acquired sole ownership of the debt and alleges the debt balance at charge off was $5,400, plus $972 in interest. 

The plaintiff holds Hambaugh and Does 1 to 5 responsible because the defendant allegedly failed to pay the outstanding balance due and owing as promised in the contract.

The plaintiff requests a trial by jury and seeks judgment for damages of $5,400, with prejudgment interest, attorney's fees, costs of suit, and for such other relief as is fair, just and equitable. It is represented by John P. Kenosian of Law Offices of Kenosian & Mielle LLP in Los Angeles.

San Joaquin Superior Court case number STK-CV-LCCR-2018-0013519

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