First Guarenty Bank And Trust
Transferred title out of company LLC. Name and then encumbered the new title to the Restaurant without company knowlege

A managing member of a company contributed contractual control of a resteraunt into a company he controlled as managing member. He moved to act on that contract that included financing and 1 million in instant equity. He closed on the purchase and that property and it's equity became property of him and his company.

Eight months later First Guarenty Bank recorded and transfered in clay county, Florida, the title of this same resteraunt equity and assets out of it's own company's name and into another non-related entity. Leaving First mortgage liens and other liens in limbo.

Then encumbered the title with millions in of it's own, only now the ex-company property belongs to a third party non-related entity.

Then and in this order,
somehow aquired a release of mortgage from the first mortgage holder of the previous owner and entity.

Mention of 15k payment to that first mortgage holder was listed on the HUD along with closing costs collected by the bank when closing with the second party.

Never ever pre-disclosing or pre-notifying abything at all to the original property owners and members of that company as to why or how this happened, nor to the sole managing member of the company of any of it's plans or it's actions that severly affected its title to it restaurant.

Any help your organisation can give this company to help retrieve it's property and to reinstate it's title into it's original owners would be welcome.

The bank has the money to ignore and run away from this indefinately.

No loans exist or ever existed between the original owner of this restuarant and this bank.

Thank you.

Company: First Guarenty Bank And Trust
Country: USA
State: Florida
City: Jacksonville
Address: 1234 King Street, Jacksonville, Florida
Phone: 9043012290

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