Lucchese Bank vs Katashi Watanabe

[Joey]

From: Lucchese Bank
Iron Street
The Triangle Disctrict
Algonquin South
Liberty City
20.08.2017

To: Liberty State Supreme Court

Subject: Failure to repay the loan.

     Honorable Court and Judge/s, Mr.Katashi Watanabe had taken a loan of 200.000$ from Lucchese Bank on 31st of July 2017. The repayment date of the of the loan was originally 14.08.2017 but was extended to 18.08.2017 for technical reasons. However, Mr.Katashi has failed to repay the loan after the extension of days and is nowhere to be found in the city, leaving us no choice but to file a lawsuit against him. According to the Bank rules & conditions and the contract, Mr.Katashi owes 280.000$ to the bank.
 
Demands: 280.000$ in cash or assets that Mr.Katashi owns.


Attachments: Application of Loan

Spoiler for Hiden:

First Name:  PuNNcT
 
Ingame Name:  Katashi_Watanabe
 
Do you agree to our terms and conditions?:  Yes
 
Date you joined Argonath:  03.05.2014
 
Do you have a Passport?: Yes, i do.
 
Amount Needed:  200.000$
 
Reason:  New Vehicle
 
Time to pay back (in weeks): 1half week
 
Value of Current Assets:  270.000$-1 Business

Total Cash (Hand And Bank after loan):  210k

Letter of acceptance and explanation of the contract details

Spoiler for Hiden:

Spoiler for Hiden:

   Mr.Katashi Watanabe, your loan application has been accepted. It will be sanctioned once both the agreements are signed duly.

Some details before we proceed further:
You have requested for loan of 200.000$
Interest amount (10%) will be 20.000$ /week
Loan period: 2 weeks (14 days)

Please sign the following contract if you agree all the terms and conditions set by the bank:

Code: [Select]

[center][img]http://i.imgur.com/LVlgfN1.jpg[/img][/center]
[hr]
[font=consolas][size=11pt][/size]I, Katashi Watanabe, a regular citizen of Argonath IV:MP, accept all conditions and rules set by the bank, and I accept to give back the loaned amount 200.000$ by 14th August 2017, with interest rate of 10% (20.000$) per week.
If I fail to get the money by 10th August 2017, I understand that bank will use rule 1 and rule 3.[/font]

Bank Manager       

Proof that the client: a)understood all the conditions and rules of the bank b)agrees to them

Spoiler for Hiden:

I, Katashi Watanabe, a regular citizen of Argonath IV:MP, accept all conditions and rules set by the bank, and I accept to give back the loaned amount 200.000$ by 14th August 2017, with interest rate of 10% (20.000$) per week.
If I fail to get the money by 10th August 2017, I understand that bank will use rule 1 and rule 3.

P.S. There is a chance to pay the loan back even earlier.

Client signing the contract

Spoiler for Hiden:

Client receiving the cash from Bank Manager

Spoiler for Hiden:

Rules and conditions of the bank the client accepted to:

Spoiler for Hiden:

Rules and Conditions:

• If the Loan is not paid back in the Time requested, you agree that you will be taken to court for the original amount(including interest)  plus 20% of the amount loaned.
• Interest is 10%. Depending on the amount being requested and will be added on a weekly base. (10% added per week to total sum)
• Need to ensure payment, if you cannot pay back the loan the court will liquidize your assets to make the payments.

[/list][/list]

Signed,
 Joey Stark
Bank Manager

[Senate]

@PuNNcT has 3 days to reply to this case along with the other 3 cases against him.

[Senate]

The court has reviewed the plaintiff's evidence and confirms that the defendant has defaulted on his promise to re-pay the loan.

The plaintiff shall be awarded the full loan plus interest agreed upon in the amount of $280,000 to be deducted from the defendants account.

Case closed.