NBVI threatens legal proceedings against the Maynards for nearly $100K in arrears
According to a letter sent to Mrs Maynard and her son from O'Neal Webster on behalf of NBVI, dated September 13, 2024, their loan account is nineteen (19) months in arrears and that arrears of $98,289.69 are due and owing to the Bank as at September 11, 2024.
According to the same letter published in the Official Gazette, the principal balance on the loan is $836,820.49 and the next installment payment of $5,307.47 will be due on October 10, 2024.
Maynards could lose property
It also said the loan is secured by a Legal Charge on property registered as Long Look Registered Section, Block 3240A, Parcel 262.
"We must advise that unless we receive your remittance of 598,289,69 together with legal fees in the amount of 57,504.48 within thirty (30) days from the date of this letter our client will not hesitate to commence legal proceedings to recover the debt without any further notice to you. We are authorised to accept payment on behalf of our client. Your payment should therefore be made payable to this firm," the letter from O'Neal Webster stated.
Mrs Maynard was on June 20, 2024, sentenced to 9 years in prison for her involvement in a drug smuggling plot that also implicated her son Kadeem S. Maynard and former Virgin Islands Premier Andrew A. Fahie.
Kadeem was sentenced in a Miami court to 57 months in jail on Monday, November 20, 2023.
