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HomeMy WebLinkAbout08-15397 Stephen L. Grose, Esquire Attorney I.D. No. 31006 Keefer Wood Allen & Rahal, LLP 415 Fallowfield Road, Suite 301 Camp Hill, PA 17011 Phone: (717) 612-5802 Fax: (717) 612-5805 Email: sgrose@keeferwood.com Attorneys for Plaintiff A. CRAIG LeCRONE, 912 Blair Street Hollidaysburg, PA 16648 VS. Plaintiff TYLER BOWSER, 1011 Apache Trail Mechanicsburg, PA 17055-5902 NOTICE Defendant YOU HAVE BEEN SUED IN COURT. If you wish to defend against the claims set forth in the following pages, you must take action within twenty (20) days after this Complaint and Notice are served, by entering a written appearance personally or by attorney and filing in writing with the Court your defenses or objections to the claims set forth against you. You are warned that if you fail to do so the case may proceed without you and a judgment may be entered against you by the Court without further notice for any money claimed in the Complaint or for any other claim or relief requested by the Plaintiff. You may lose money or property or other rights important to you. YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU DO NOT HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR TELEPHONE THE OFFICE SET FORTH BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP. CUMBERLAND COUNTY BAR ASSOCIATION 32 South Bedford Street Carlisle, PA 17013 (717) 249-3166 IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO.: 08 - 1539 Civi t Ter fu NOTICIA Le ban demandado a usted en la corte. Si usted quiere defenderse de estas demandas expuestas en las paginas siguientes, usted tiene viente (20) dias de plazo al partir de la fecha de la demands y la notifcacion. Usted debe presentar una apariencia escrita o en persona o por abodago y archivar en la corte en forma escrita sus defensas o sus objeciones a las demandas en contra de su persona. Sea avisado que si usted no se defiende, la corte tomara medidas y puede entrar una orden contra usted sin previo aviso o notificacion y por cualquier queja o alivio que es pedido en la peticion de demanda. Usted puede perder dinero o sus propiedades o ostros derechos importantes para usted. LLEVE ESTA DEMANDA A UN ABODAGO IMMEDIATAMENTE. SI NO TIENT ABOGADO 0 SI NO TIENE EL DINERO SUFICIENTE DE PAGAR TAL SERVICIO, VAYA EN PERSONA O LLAME POR TELEFONO A LA OFICINA CUYA DIRECCION SE ENCUENTRA ESCRITA ABAJO PARA AVERIGUAR DONDE SE PUEDE CONSEGUIR ASISTENCIA LEGAL. CUMBERLAND COUNTY BAR ASSOCIATION 32 South Bedford Street Carlisle, PA 17013 (717) 249-3166 Stephen L. Grose, Esquire Attorney I.D. No. 31006 Keefer Wood Allen & Rahal, LLP 635 North 121x` Street, Suite 400 Lemoyne, PA 17043 Phone: (717) 612-5802 Fax: (717) 612-5805 Email: s rose@keeferwood.com Attorneys for Plaintiff A. CRAIG LeCRONE, IN THE COURT OF COMMON PLEAS 912 Blair Street CUMBERLAND COUNTY, Hollidaysburg, PA 16648 PENNSYLVANIA c rz( Plaintiff NO.: 0j- 15'3q VS. TYLER BOWSER, 1011 Apache Trail Mechanicsburg, PA 17055-5902 Defendant COMPLAINT AND NOW, comes the plaintiff, A. Craig LeCrone, by and through his counsel, Keefer Wood Allen & Rahal, LLP, and files this Complaint against defendant, Tyler Bowser, averring as follows: PARTIES 1. Plaintiff, A. Craig LeCrone, is an adult individual residing at 912 Blair Street, Hollidaysburg, Blair County, Pennsylvania 16648. 2. Defendant, Tyler Bowser, is an adult individual residing at 1011 Apache Trail, Mechanicsburg, Cumberland County, Pennsylvania 17055-5902. VENUE 3. Venue is proper in this matter in accordance with Pa. R. Civ. P. 1006(a)(1) in that Defendant resides and may be served in Cumberland County. FACTS 4. On or about August 22, 2006, Defendant entered into a Loan Agreement with Plaintiff, whereby he borrowed $30,000 from Plaintiff. The loan consisted of $20,000 to pay the franchise fee on the Chambersburg Best Way Pizza and $10,000 for a personal loan. A true and correct copy of the Loan Agreement dated August 22, 2006, is attached hereto as Exhibit A and incorporated herein by reference. 5. The interest rate on the loan was 6% on the unpaid principal. A true and correct copy of the amortization schedule for the $30,000 loan, plus interest, is attached hereto as Exhibit B and incorporated herein by reference. 6. On or about October 2, 2006, Defendant entered into an another Loan Agreement with Plaintiff to borrow an additional $10,000 for a personal loan, for a total loan amount of $40,000. A true and correct copy of the Loan Agreement dated October 31, 2006, is attached hereto as Exhibit C and incorporated herein by reference. 7. A true and correct copy of the amortization schedule for the $40,000 loan is attached hereto as Exhibit D and incorporated herein by reference. 8. Under the October 2, 2006 Loan Agreement, Defendant was to make thirty-six (36) consecutive monthly payments of $1,189.95 beginning on November 1, 2006, as shown on Exhibit D. 2 9. Defendant made the required monthly payments until December 2007, at which time he ceased making payments, leaving a balance still due under the Loan Agreements of $24,731.80, plus interest at 6% per annum from December 1, 2007, until paid in full. COUNTI BREACH OF CONTRACT 10. Paragraphs 1 through 9 above are incorporated here by reference as if set forth in full. 11. Under the October 2, 2006 Loan Agreement, Defendant agreed to make monthly payments in accordance with the terms and conditions of the Loan Agreement and the amortization schedule. 12. Despite repeated demands, Defendant has failed and refused to make the payments as required or to pay this loan in full. 13. Defendant's failure to pay the monies due under the October 2, 2006 Loan Agreement when due has damaged Plaintiff in the amount of $24,731.80, plus accrued interest. WHEREFORE, Plaintiff respectfully requests that this Honorable Court enter judgment in its favor and against Defendant in the amount of $24,731.80, plus interest at 6% from December 1, 2007, through payment in full, and grant such other relief as it deems fair and just. Respectfully submitted, KEEFER WOOD ALLEN & RAHAL, LLP Dated: March (P , 2008 By ST PHEN L. GROSE Attorney I.D. #31006 Fx?, 6? fA- Borrower: Tyler Bowser of 1643 Lincoln Way East, Chambersburg, PA 17201 Lender: A. Craig LeCrone of 912 Blair Street, Hollidaysburg, PA 16648 This loan encompasses the franchise fee due for the Chambersburg Best Way Pizza location in the amount of Twenty Thousand Dollars ($20,000.00) combined with a personal loan in the amount of Ten Thousand Dollars ($10,000.00). Principal Amount: $30,000.00 1. FOR VALUE RECEIVED, Tyler Bowser promises to pay A. Craig LeCrone at 912 Blair Street, Hollidaysburg, PA 16648, the principal sum of Thirty Thousand Dollars ($30,000.00), with Six Percent (6%) interest payable on the unpaid principal. 2. This note will be repaid in full within 30 full consecutive months, the first payment of which is due on October 1, 2006. - c A. ig Korje ate Tyler Bowser Date TYLER BOWSER - BEST WAY PIZZA FRANCHISE FEE AND LOAN Compound Period ........: Monthly Nominal Annual Rate ....: 6.000 % Effective Annual Rate... : 6.168 % Periodic Rate ..................: 0.5000 % Daily Rate .......................: 0.01644% CASH FLOW DATA Event Start Date Amount Number Period 1 Loan 08/22/2006 10,000.00 1 2 Loan 08/22/2006 20,000.00 1 3 Payment 10/01/2006 1,081.14 30 Monthly AMORTIZATION SCHEDULE - Normal Amortization Date 08/22/2006 Page 1 End Date 03/01/2009 Loan _ Payment Interest Principal _ Balance Loan 08/22/2006 10,000.00 10,000.00 Loan 08/22/2006 20,000.00 0.00 0.00 30,000.00 1 10/01/2006 1,081.14 199.56 881.58 29,118.42 2 11/01/2006 1,081.14 145.59 935.55 28,182.87 3 12/01/2006 1,081.14 140.91 940.23 27,242.64 2006 Totals 30,000.00 3,243.42 486.06 2,757.36 4 01 /01 /2007 1,081.14 136.21 944.93 26,297.71 5 02/01/2007 1,081.14 131.49 949.65 25,348.06 6 03/01/2007 1,081.14 126.74 954.40 24,393.66 7 04/01/2007 1,081.14 121.97 959.17 23,434.49 8 05/01/2007 1,081.14 117.17 963.97 22,470.52 9 06/01/2007 1,081.14 112.35 968.79 21,501.73 10 07/0112007 1,081.14 107.51 973.63 20, 528.10 11 08/01/2007 1,081.14 102.64 978.50 19,549.60 12 09/01/2007 1,081.14 97.75 983.39 18, 566.21 13 10/01/2007 1,081.14 92.83 988.31 17, 577.90 14 11/01/2007 1,081.14 87.89 993.25 16, 584.65 15 12/01/2007 1,081.14 82.92 998.22 15, 586.43 2007 Totals 0.00 12,973.68 1,317.47 11,656.21 16 01 /01 /2008 1,081.14 77.93 1,003.21 14, 583.22 17 02/01/2008 1,081.14 72.92 1,008.22 13,575.00 18 03/01/2008 1,081.14 67.88 1,013.26 12,561.74 19 04/01/2008 1,081.14 62.81 1,018.33 11,543.41 20 05/01/2008 1,081.14 57.72 1,023.42 10,519.99 21 06/01/2008 1,081.14 52.60 1,028.54 9,491.45 22 07/01/2008 1,081.14 47.46 1,033.68 8,457.77 23 08/01/2008 1,081.14 42.29 1,038.85 7,418.92 24 09/01/2008 1,081.14 37.09 1,044.05 6,374.87 25 10/01/2008 1,081.14 31.87 1,049.27 5,325.60 26 11/01/2008 1,081.14 26.63 1,054.51 4,271.09 08/22/2006 Page 2 TYLE R BOWSER - BEST WAY PIZZA FRANCHISE FEE AND LOAN ---- ----- --- Date Loan Payment _ Interest Principal Balance _ 27 12/01/2008 1,081.14 21.36 1,059.78 3,211.31 2008 Totals 0.00 12,973.68 598.56 12,375.12 28 01 /01 /2009 1,081.14 16.06 1,065.08 2,146.23 29 02/01/2009 1,081.14 10.73 1,070.41 1,075.82 30 03/01/2009 1,081.14 5.32 1,075.82 0.00 2009 Totals 0.00 3,243.42 32.11 3,211.31 Grand Totals 30,000.00 32,434.20 2,434.20 30,000.00 ?rbr? ? v ?? LOAN AGREEMENT Borrower: Tyler Bowser of 1643 Blair Street, Hollidaysburg, PA 6648 17201 Lender: A. Craig LeCrone of 9 This loan encompasses the franchise fee due for the Chambersburg Best Way Pizza location in the amount of Twenty Thousand Dollars ($ ($20,000.00) combined with two personal loans which equal Twenty Thousand Principal Amount: $40,000.00 912 Blair 1. FOR VALUE RECEIVED, Tyler Bowser promises seHoof pay A. Craig Forty ThousandrDollars Street, Hollidaysburg, PA 16648, the principal ($40,000.00), with Six Percent (6%) interest payable on the unpaid principal. 2. This note will be repaid in full within 36 full consecutive months, the first payment of which is due on November 1, 2006. A. Cr ' e ro a Tyl Bo r Da ? ?, ?,.? TYLER BOWSER - BEST WAY PIZZA FRANCHISE FEE ANU LUAN5 Compound Period ........: Monthly Nominal Annual Rate .... Effective Annual Rate ... Periodic Rate ..................: Daily Rate ....................... CASH FLOW DATA Event 6.000 % 6.168 % 0.5000 % 0.01644% 10/02/2006 Page 1 Start Date Amount Number Period En Date 1 Loan 08/22/2006 2 Loan 08/22/2006 3 Payment 09/26/2006 4 Loan 10/0212006 5 Payment 11/01/2006 10,000.00 1 20,000.00 1 1,081.14 1 10,000.00 1 1,189.95 36 Monthly 10/01/2009 AMORTIZATION SCHEDULE - Normal Amortization Date Loan Payment Interest Principal Loan 08122/2006 10,000.00 Loan 08/22/2006 20,000.00 0.00 0.00 1 09/26/2006 1,081.14 169.82 911.32 Loan 10/02/2006 10,000.00 28.69 28.69- 2 11/01/2006 1,189.95 192.91 997.04 3 12/01/2006 1,189.95 190.60 999.35 2006 Totals 40,000.00 3,461.04 582.02 2,879.02 4 01 /01 /2007 5 02/01/2007 6 03/01/2007 7 04/01/2007 8 05/01/2007 9 06/01/2007 10 07/01/2007 11 08/01/2007 12 09/01/2007 13 10/01/2007 14 11/01/2007/ 15 12/01/200V 2007 Totals 0.00 1,189.95 1,189.95 1,189.95 1,189.95 1,189.95 1,189.95 1,189.95 1,189.95 1,189.95 1,189.95 1,189.95 1,189.95 14, 279.40 185.60 180.58 175.54 170.46 165.37 160.24 155.10 149.92 144.72 139.49 134.24 128.96 1,890.22 1,004.35 1,009.37 1,014.41 1,019.49 1,024.58 1,029.71 1,034.85 1,040.03 1,045.23 1,050.46 1,055.71 1,060.99 12,389.18 16 01 /01 /2008 1,189.95 123.66 1,066.29 17 02/01/2008 1,189.95 118.33 1,071.62 18 03/01/2008 1,189.95 112.97 1,076.98 19 04/01/2008 1,189.95 107.58 1,082.37 20 05/01/2008 1,189.95 102.17 1,087.78 21 06/01/2008 1,189.95 96.73 1,093.22 22 07101/2008 1,189.95 91.27 1,098.68 23 08/01/2008 1,189.95 85.77 1,104.18 24 09/01/2008 1,189.95 80.25 1.109.70 Balance 10,000.00 30,000.00 29,088.68 39,117.37 38,120.33 37,120.98 36,116.63 35,107.26 34,092.85 33,073.36 32,048.78 31, 019.07 29,984.22 28,944.19 27,898.96 26,848.50 25,792.79 24,731.8 23,665.51 22, 593.89 21,516.91 20,434.54 19,346.76 18,253.54 17,154.86 16,050.68 14.440 qR 10/02/2006 Page 2 B EST WAY PIZZA FRANCHISE FEE A ND LOA TYLE R BOWSER - --- ----- -- - Interest Principal Balance _ -- Date Loan Payment 95 189 -- - - - 1 74.70 1,115.25 -.---- 13,825.73 25 10/01/2008 . , 189.95 1 69.13 1,120.82 12,704.91 26 11/01/2008 , 189.95 1 63.52 1,126.43 11, 578.48 27 12101/2008 , 279.40 00 14 0 1,126.08 13,153.32 2008 Totals , . 28 01 /01 /2009 1,189.95 57.89 23 52 1,132.06 72 137 1 10,446.42 9,308.70 29 02/01/2009 1,189.95 95 189 1 . 46.54 . , 1,143.41 8,165.29 30 03/01/2009 . , 95 189 1 40.83 1,149.12 7,016.17 31 04/01/2009 . , 95 189 1 35.08 1,154.87 5,861.30 32 05/01/2009 . , 95 189 1 29.31 1,160.64 4,700.66 33 34 06/01/2009 07/01/2009 . , 1,189.95 23.50 1,166.45 28 3,534.21 93 361 2 35 08/01/2009 1,189.95 95 189 1 17.67 11.81 1,172. 1,178.14 . , 1,183.79 36 37 09/01/2009 10/01/2009 . , 1,189.95 6.16 1,183.79 0.00 2009 Totals 0.00 11,899.50 321.02 11,578.48 Grand Totals 40,000.00 43,919.34 3,919.34 40,000.00 f 10/02/2006 Page 3 TYLER BOWSER - BEST WAY PIZZA FRANCHISE FEE AND LOANS Last interest amount increased by 0.24 due to rounding. VERIFICATION The undersigned, A. Craig LeCrone, hereby verifies and states that: 1. He is an adult individual and the plaintiff here; 2. The averments set forth in the foregoing Complaint are true and correct to the best of his knowledge, information, and belief; and He is aware that false statements herein are made subject to the penalties of 18 Pa. C.S. § 4904, relating to unworn falsification to p 4" 1` :.1 v O ? r S ov c 6 N _ 0 crn LOA ?Au ? ?? $4 3 _J SHERIFF'S RETURN - REGULAR CASE NO: 2008-01539 P COMMONWEALTH OF PENNSYLVANIA: COUNTY OF CUMBERLAND LECRONE A CRAIG VS BOWSER TYLER STEPHEN BENDER , Sheriff or Deputy Sheriff of Cumberland County,Pennsylvania, who being duly sworn according to law, says, the within COMPLAINT & NOTICE was served upon BOWSER TYLER the DEFENDANT , at 1830:00 HOURS, on the 24th day of March , 2008 at 1011 APACHE TRAIL MECHANICSBURG, PA 17055-5902 by handing to TYLER BOWSER a true and attested copy of COMPLAINT & NOTICE together with and at the same time directing His attention to the contents thereof. Sheriff's Costs: Docketing Service Postage Surcharge Sworn and Subscibed to before me this So Answers: 18.00 12.48 .58 10.00 R. Thomas Kline 41.06 ? 03/26/2008 KEEFER WOOD ALLEN RAHAL By: day eputy Sheriff of A. D.