Capitol Fax.com - Your Illinois News Radar » Another problem for McCann
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Another problem for McCann

Wednesday, Sep 27, 2017

* Add this to a long and apparently growing list of financial issues for the GOP incumbent, who faces a contested primary next year and may run for governor

State Sen. Sam McCann, R-Plainview, and his wife, Vicki, were subjects of a foreclosure lawsuit filed last summer on a home they purchased in Florida in 2005.

McCann, who owns a construction company, said the property included 20 acres he hoped to develop, but the purchase was followed by the “financial meltdown” of 2008-2009.

According to the lawsuit, filed July 1, 2016, by Bank of America against the McCanns, a bank and two unknown tenants, the McCanns defaulted on the loan and failed to make any payments since April 1, 2015.

The final judgment of foreclosure, dated June 1, listed the total due as $157,573. That included the unpaid principal of $134,081, plus $17,346 in interest, as well as other charges, such as title search, service of process and notice of publication. […]

“Unlike some other legislators, or would-be legislators, I don’t have to read about the problems real Illinoisans face in a textbook,” McCann said. “I have faced and continue to face many of the same problems that so many citizens face every day. I have indeed walked a mile in their footsteps.”

- Posted by Rich Miller        

17 Comments
  1. - RNUG - Wednesday, Sep 27, 17 @ 9:59 am:

    This isn’t going to help Sam … but you have to admit his response about personally knowing Illinois citizens’ problems was a good answer. That may actually help him in some areas of his district.


  2. - RNUG - Wednesday, Sep 27, 17 @ 10:01 am:

    And his line about working through and slowly paying off his debts instead of taking bankruptcy was pretty good also.


  3. - Anonymous - Wednesday, Sep 27, 17 @ 10:02 am:

    ==This isn’t going to help Sam … but you have to admit his response about personally knowing Illinois citizens’ problems was a good answer. That may actually help him in some areas of his district.==

    What’s his pitch gonna be? “I’m a deadbeat, vote for me”?


  4. - Ha! - Wednesday, Sep 27, 17 @ 10:02 am:

    Surprised he didn’t use his campaign account to cover the mortgage payment.


  5. - RNUG - Wednesday, Sep 27, 17 @ 10:16 am:

    == What’s his pitch gonna be? “I’m a deadbeat, vote for me”? ==

    Probably more like:

    I’m an average Joe / small businessman who got in over my head … and I’m doing the honorable thing by paying my debts when I can.


  6. - Curl of the Burl - Wednesday, Sep 27, 17 @ 10:20 am:

    McCann’s wife was taken to court over the summer for a $15,000-$20,000 credit card delinquency. This is on top of Senator McCann’s multiple court filings brought against him by credit card issuers.

    Sam has certainly mastered deflecting blame away from himself. He is just choc full of excuses and “explanations”.

    Not many people in the 50th Senate District have a second home in Florida.

    I can understand one or two problems. But everything is coming down on him and it has all happened within a tight timeframe.


  7. - Really, dude? - Wednesday, Sep 27, 17 @ 10:28 am:

    “Unfortunately, I too know what it is like to be amongst the filthy, unwashed masses. I just had to foreclose on my 20 acre summer home! Thank goodness we have Bruce and Proft to cover my debts, I wonder how the little people pay for their second homes?”


  8. - Anonymous - Wednesday, Sep 27, 17 @ 10:44 am:

    So obviously legislators don’t have real world problems? He is a regular person. He is who Trump talks about when saying the forgotten middle class. All over this state folks like Sam went through rough times and still haven’t recovered. Think that message won’t resonate when going after a GOP Gov who signs abortion bill, TRUST Act, transgender rights, enhances things for the AA and Latino community? I’m betting Trump would love an Illinois Gov who says his name?


  9. - Commander Norton - Wednesday, Sep 27, 17 @ 11:05 am:

    His answer may resonate, especially if 2018 becomes the year voters finally get fed up with rich “outsiders” coming in and playing politics for a few years, generally with disastrous results.


  10. - m - Wednesday, Sep 27, 17 @ 11:06 am:

    A lot of reporters feel dirty when someone hands them a manilla envelope filled with oppo research. They feel dirty because using it means they will be doing the bidding of one side of a political battle. They feel dirty because they are basically handing over their objectivity and actually taking part the nastiness of partisan attacks.

    Others are happy to have the content and don’t look a gift horse in the mouth.

    Bernie is a shining example of the latter group.


  11. - Blue dog dem - Wednesday, Sep 27, 17 @ 11:24 am:

    Typical Illinois politician. Spends more than comes in. Sorry to be mean spirited.


  12. - Arsenal - Wednesday, Sep 27, 17 @ 11:35 am:

    Starting to think a run for Governor would be an “up and out” move designed to save more dignity than losing the primary for his own seat would be.


  13. - Nice - Wednesday, Sep 27, 17 @ 11:42 am:

    Hey M-

    Where does that leave Rich for reposting the dump? Not Bernie’s fault for reporting facts.


  14. - RNUG - Wednesday, Sep 27, 17 @ 12:48 pm:

    I wouldn’t count Sam out yet.

    Illinois voters have a proven record of ignoring baggage.


  15. - Truthteller - Wednesday, Sep 27, 17 @ 5:28 pm:

    How many companies did Trump take through bankruptcy? The GOP should groom Sam for President.


  16. - RNUG - Wednesday, Sep 27, 17 @ 5:35 pm:

    Was at a public meeting today where Sam spoke and had a Q&A session. Admittedly, it was a mostly friendly audience, but this foreclosure issue didn’t even get brought up.


  17. - cc - Thursday, Sep 28, 17 @ 1:37 am:

    Who should care…sh*t happens to most everyone at some point in their lives.


Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* State Journal-Register endorses Rauner "with reservations"
* *** UPDATED x1 *** Pritzker campaign lawyer hints at defamation suit, claims campaign was never served
* Rauner says he's "trying to eradicate" the Madigan machine "cancer," but the "treatments are tough"
* Question of the day
* *** UPDATED x1 - Speaker Ryan to campaign for Davis *** Trump likely coming to Illinois to boost Bost
* Musical Interlude: Try (just a little bit harder)
* Tell me another fairytale, Grandpa
* Rauner again denies any delays at Quincy veterans' home
* "Speed dating" candidates
* Lawyer won't answer simple questions as some anonymous former Pritzker staffers speak out
* AFL-CIO launches "massive" digital ad buy
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* *** LIVE COVERAGE ***
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............
<


Loading


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller