Mayoral candidate city Rep. Isabel Salcido loaned her campaign $100,000 after defaulting on six-figure business loan
As city Rep. Isabel Salcido gears up for her Nov. 5 mayoral race, she loaned her campaign $100,000 even as she faces a court judgment of more than $200,000 over an unpaid debt in Harris County.
Hitesh Amin sued Salcido in Harris County in September 2021 over a $118,000 loan he gave her in August 2017 for the purchase of “a business with various equipment” under 2539 Preston LLC, for which Salcido is one of the managing members, court documents show.
Salcido never responded to the lawsuit and Amin won a default judgment in 2022 for $120,523 in principal and interest and $52,511 in legal costs. The court order includes an 18% annual interest rate for unpaid debt, so Salcido now owes more than $200,000 to Amin.
Court records show Amin has begun a process to seize an El Paso commercial property owned by Salcido as payment for the debt.
https://elpasomatters.org/2024/09/10/isabel-salcido-default-judgment-el-paso-mayor-november-2024-election/