WCP: No Fenty Means Debt for Peaceoholics
No Fenty Means Debt for Peaceoholics
BB&T Financial filed a lawsuit in December alleging that Peaceoholics owed the bank on $28,160.56 on a BB&T corporate credit card in the group’s name. A judge ruled on April 6 that the organization has to pay the money, plus 21.99 percent interest between November 24 and April 26, and $1,408 in attorney’s fees—$31,842 in total.
BB&T is also looking for payment from Peaceoholics co-founders Ron Motenand Jauhar Abraham, who signed on as guarantors of the credit card when Peaceoholics applied for it in April 2009, accepting responsibility for debts if the organization wouldn’t pay them off.
Excerpt:
BB&T Financial filed a lawsuit in December alleging that Peaceoholics owed the bank on $28,160.56 on a BB&T corporate credit card in the group’s name. A judge ruled on April 6 that the organization has to pay the money, plus 21.99 percent interest between November 24 and April 26, and $1,408 in attorney’s fees—$31,842 in total.
BB&T is also looking for payment from Peaceoholics co-founders Ron Motenand Jauhar Abraham, who signed on as guarantors of the credit card when Peaceoholics applied for it in April 2009, accepting responsibility for debts if the organization wouldn’t pay them off.