Bank seeks foreclosure on Kamloops mayor’s business, alleging default on $425K loan

Bank seeks foreclosure on Kamloops mayor’s business, alleging default on $425K loan

Kamloops Mayor’s auto dealership in foreclosure amid legal financial crunch

The Mayor of Kamloops has now confirmed that the political battles he’s been fighting against fellow councillors and others since taking office may end up costing him the property which galvanized his desire to get into local politics in the first place. Reid Hamer-Jackson telling Radio NL that his bank has launched foreclosure proceedings against the property he owns at 260 Victoria Street West — his Tru Market Auto site. “I’ve had a hard time …

Credit union moves to foreclose on cash-strapped Kamloops mayor's car dealership

"It's no secret that I've been put into a bad financial situation."