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Jeweler Sued by Wells Fargo for Allegedly Defaulting on Mortgage

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It’s another legal trouble for the 43-year-old retailer.

Hofmeister Jewelers is being sued by Wells Fargo after the Indianapolis retailer allegedly defaulted on a $2.3 million mortgage on one of its stores, the Indianapolis Business Journal reports. Hofmeister, according to the lawsuit referenced in the article, missed a monthly mortgage payment of $21,004 that was due on March 1 before missing further payments on April 1 and May 1. The 43-year-old retailer is also still trying to pay off debt from the Chapter 11 bankruptcy it filed in 2011.

Read more at the Indianapolis Business Journal

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Looking for a Seamless Sale? Call Wilkerson

After almost 60 years in business, Breakiron Jewelers in Erie, Pennsylvania, was closing its doors. And the store’s owner, Linda Breakiron, was ready for it. She had run the store as its sole owner since the beginning of the millennium and was looking forward to a change. Of course, she called Wilkerson. Breakiron talked to other jewelers who had used Wilkerson and was satisfied with their response. “They always had positive feedback,” she recalls. With the sales, marketing and even additional inventory that Wilkerson provided, Breakiron insists she could never have accomplished her going-out-of-business sale without Wilkerson’s help. She’s now ready for the journey ahead, but looking back, she’d be sure to recommend Wilkerson. “They just made the whole process very seamless.”

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