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Former judge’s real property to be sold to satisfy court order

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THE Commonwealth Development Authority will sell the fee simple title of a real property owned by former Judge Juan T. Lizama to satisfy an amount due pursuant to a court order.

The auction is scheduled for July 23, 2018 at the CDA building in San Jose.

The case stemmed from a lawsuit filed by CDA against retired educator Ambrose M. Bennett for not paying a commercial loan in the amount then totaling $39,828.49.

Lizama was a co-defendant in the complaint for foreclosure and money due because it was the former judge who executed a fee simple mortgage to secure the loan for Bennett and his Lil & Bro’s Trike Dealership & Rentals under a promissory note.

According to the lawsuit, Lizama mortgaged to CDA his interest in the real property containing 1,186 square meters of land.

On July 23, 2018, a writ of execution was issued by the Superior Court directing the Department of Public Safety to seize any property belonging to the defendants pursuant to a summary judgment entered on Sept. 7, 2017.

In an email to Variety on Wednesday, Lizama said CDA declined his offer of $10,000 to release his property from being auctioned.

Lizama said it was Bennett who asked help from the former judge.

“I came one day to CDA, the same day Ambrose came, and when he saw me, he immediately told me about his predicament.  His loan application, I believe…was just approved, but he needed an extra collateral,” said the former judge.

Lizama said CDA loan manager Oscar Camacho stated that property collateral with a value of at least $10,000 would do, and that Bennett’s business plan was “excellent.”

“Of course, all [of this was] orally discussed. I didn't go to CDA for Ambrose.  I was there to inquire about [a] loan program,” he added.

“I really didn't know him,” Lizama said, referring to Bennett. “And I never thought that he [Bennett] would just drop me.”

Lizama added, “What bothers me is the fact that he has not done anything to save my land from getting auctioned.”

Lizama said he later found out that the loan agreement was different from what had been discussed. 

“My own fault, but really I never thought that Ambrose would be so reckless and would totally ignore his debt and for the past several years he has paid nothing to reduce his debt. His indifference is totally unacceptable.”

Lizama said he has “no defense because I signed it — of course it’s my fault, but it doesn't excuse Bennett. He should not have ignored the court order and leave me with the possibility of losing my land.”

As of press time Thursday, Variety was unable to get a comment from Bennett.

 

 

 

 

 

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