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LOUISIANA RECORD

Thursday, April 25, 2024

Mortgage company alleges promissory note customer owes more than $76,000

Law money 04

NEW ORLEANS – A mortgage corporation is suing a customer, alleging he owes more than $76,000.

Standard Mortgage Corporation filed a lawsuit Feb. 21 against Joseph Deleon Lofton in Orleans Parish Civil District Court, alleging sums due.

According to the complaint, Standard Mortgage is the holder of a promissory note for the principal sum of $90,335. The suit states the note required regular payments but Lofton has fallen behind and still is indebted to the plaintiff for the balance of $76,426.16, plus interest.

Standard Mortgage seeks all sums due, court costs and all appropriate relief. It is represented by attorney Stacy C. Wheat of Graham, Arceneaux & Allen LLC in New Orleans.

The case has been assigned to Division J Judge Paula A. Brown.

Orleans Parish Civil District Court Case number 2017-1635.

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