New Jersey

Bank asks court to freeze 24/7's bank accounts

Bank asks court to freeze 24/7's bank accounts

A New Jersey bank is taking legal action more than a month after a local fitness chain abruptly closed.

In April, Lehigh Valley 24-7 Racquet and Fitness Clubs closed its three locations without any warning.

Dozens of customers who paid their membership fees in advance have since filed complaints with the state.

Now a petition has been filed by the Bank of Camden which claims the health club defaulted on three loans totaling more than $8.5 million.

The bank is asking a Lehigh County court to intervene and freeze the clubs' accounts at Wells Fargo in Allentown until a court can determine how that money should be disbursed.

Attorney General Kathleen Kane is also asking the court to freeze the accounts.

DISCLAIMER FOR COMMENTS: The views expressed by public comments are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the TERMS OF USE  and the comment you are posting is in compliance with such terms. Your comments may be used on air. Be polite. Inappropriate posts or posts containing offsite links may be removed by the moderator.

Allentown, PA 18102




  • %

This Week's Circulars

Latest from the newsroom