- Associated Press - Wednesday, August 13, 2014

DECATUR, Ala. (AP) - A bank is seeking more than $400,000 from an Alabama lawmaker, saying he failed to make payments laid out in a previous settlement over a home equity loan.

House Majority Leader Micky Hammon, a Decatur Republican, tells the Decatur Daily that he has always paid his bills and will let the courts resolve the disagreement (https://bit.ly/1sYgOFy ).

Regions Bank originally filed suit against Hammon in 2012. Court files say Hammon took a $305,000 home equity line of credit in 2006 using a Florida condominium as collateral.

The bank’s latest filing says Hammon didn’t make the final payment required by a settlement in the 2012 suit but made monthly payments totaling nearly $20,000 through April 2013.

Regions is asking for $410,388, including attorney fees. Hammon’s attorney says those fees are excessive.


Information from: The Decatur Daily, https://www.decaturdaily.com/decaturdaily/index.shtml

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