Real Housewives Of Atlanta star Cynthia Bailey is suing her ex-husband broke smurf aka Peter Thomas over an unpaid loan and she wants him to pay up.
According to court documents Cynthia filed a lawsuit against Peter in Georgia Court on the 1st September.
Cynthia says she loaned Peter $170,000 for the purchase of some property in Atlanta. In return, she agreed to hand over all rights and interest in Peter’s restaurant Bar One.
Cynthia says, Peter agreed to pay back the loan within 36 months.
Now Cynthia, you know Peter wasn’t going to pay back a penny.
Cynthia says the 36 months have passed by (of course) and she hasn’t been paid. Cynthia claims that Peter has taken possession of the property despite failing to repay the loan.
She says in court documents that the, “Defendant has breached the parties Agreement and is in default under the Promissory Note and owes the Plaintiff One Hundred and Seventy Thousand ($170,000.00) Dollars in principal, plus interests from May 27, 2020 until the note is paid.”
Cynthia is asking the court for permission to foreclose on Peter’s home to collect on the money she is owed. The docs state, “Plaintiff elects to foreclose the Security Deed as a mortgage on the real estate property.”
She also says, “Plaintiff has had to retain legal counsel and incur substantial costs of litigation and requests attorney fees and other costs of collection.”
The suit is asking the court to award Cynthia $170,000 plus seize the home from Peter immediately. Peter has yet to respond to the lawsuit. Cynthia informed the court they can serve him with the legal papers at his bar in North Carolina.
Peter says the 36 months will be up in 2 months, and Cynthia will get a cashier’s check for the total amount, then.
Cynthia and Peter divorced in 2017. Prior to their marriage, they signed a prenuptial agreement that determined who got what in the event of a divorce.
According to divorce documents, Cynthia was awarded her properties, including three homes in Georgia and one in Texas. She also got her Land Rover and Pontiac Montana.
Peter was able to keep his member interest in two restaurants, and his own company.
Earlier this year, Cynthia got married again to fiancé Mike Hill. Her bachelorette party will be featured on the new season of RHOA where real two of her castmates allegedly had fun with the entertainment.
Season 13 of the Real Housewives of Atlanta premieres the 6th December at 8/7c.
Source: The Blast