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| Jeremy Mayfield |
Court documents show that Mayfield
and his wife, Shana, took out a pair of mortgages on their home and 455-acre
property with Carolina Farm Credit on July 28, 2006; loans totaling $3,127,500.
They made regular payments on the loans for approximately three years, but fell
into default after Mayfield was suspended from NASCAR for failing a drug test
in May of 2009. Approximately $2.4 million in principal is still owed on the mortgages,
along with an additional $392.40 in daily interest charges amounting to some $334,700.
Foreclosure proceedings
began in December of last year, and Mayfield’s property is scheduled to go on
the auction block at the Catawba County Courthouse in Newton, NC, on Monday, April
30. Mayfield disputes the specifics of the case, telling reporters, “those
numbers ain’t right” and claiming he is “working on something” to save his home
from the auctioneer’s gavel. If he is unable to pay the outstanding debt by
April 30, Mayfield must vacate the premises by May 10.
Mayfield also faces multiple
felony charges related to a November raid on his home by Catawba County Sheriff’s
Department Deputies that uncovered 1.5 grams of methamphetamine, a cache of
firearms and thousands of dollars in stolen goods. He is due back in court on
those charges June 25.
what a terrible downhill spiral
ReplyDeleteLove the show on SIRIUS Dave!! Thanks for the honesty and fairness you bring to your listeners everyday!
ReplyDeleteIt wasn't really meth they found when they raided his property...it was ADHD medication and over the counter cold medicine. But when set those closely together on the counter it LOOKED like meth.
ReplyDelete(yawn)
ReplyDeleteDoug from NJ
this has gotten to the point, it's just very sad. Not funny for jokes anymore. this guy is in deep deep trouble. sorry, just my humble opinion..
ReplyDeleteLori (colorado)
It just never stops, does it.....
ReplyDeleteI agree that it's a sad situation. But I'm not the one still trying to sue NASCAR (or reinstitute a thrown-out case against NASCAR) claiming that my failed drug test was a mix of cough meds and attention prescriptions.
ReplyDeleteWhen he stops trying to sell that ridiculous story and starts accepting the consequences and admitting they're of his own making, people will take him and his situation more seriously.