McLean County Animal Rescue Center in Foreclosure
By: Kim Behrens
Updated: October 18, 2012
COLFAX--The Central Illinois Small Animal Rescue shelter is now in foreclosure.
The center has been in a budget battle with Heartland Bank and Trust since last fall.
It owes $1.2 million dollars on a facility it constructed in Colfax nearly three years ago.
The operators say they're working with Morton Bank to get a $400,000 loan to pay down their debt.
They're also willing to give Heartland Bank everything they own, excluding their house.
The "no kill" shelter cares for 300 homeless animals.
The center has been in a budget battle with Heartland Bank and Trust since last fall.
It owes $1.2 million dollars on a facility it constructed in Colfax nearly three years ago.
The operators say they're working with Morton Bank to get a $400,000 loan to pay down their debt.
They're also willing to give Heartland Bank everything they own, excluding their house.
The "no kill" shelter cares for 300 homeless animals.
Comments
They were not paying the principle of the loan- they should be foreclosed on- local animal shelters waiting to help these animals from these hoarders.
Melina B.
February 9, 2013 at 12:27 pm
They were not paying the principle of the loan- they should be foreclosed on- local animal shelters waiting to help these animals from these hoarders.
Melina B.
February 9, 2013 at 12:27 pm
They were not paying the principle of the loan- they should be foreclosed on- local animal shelters waiting to help these animals from these hoarders.
Melina B.
February 9, 2013 at 12:26 pm
