According to court documents, Heritage Bank's attorney filed the motion December 26 in Marshall Circuit Court. The motion says Timothy A. King, his ex-wife Becky Watson, and Filbeck-Cann and King Funeral home owe the bank $281,726.02 and are in default from a loan modification agreement in 2017.
The motion asks for a summary judgement against the owners, and that the funeral home property be sold to pay off the debt and any interest that has accrued.
Watson is still operating the funeral home after she and King plead guilty last April to charges of insurance fraud, forgery and theft. Both of their licenses were suspended by the Kentucky Board of Embalmers and Funeral Directors, but Watson's suspension was probated so she could continue to run the business. King was sentenced to jail time while Watson received home incarceration, and both were told to pay restitution to all of their victims.
Watson and King were married at the time the crimes took place, but have since divorced.
The charges stemmed from complaints by customers who said they paid the funeral home to buy insurance policies that were never actually purchased.
Heritage Bank has eleven branches in western Kentucky, including two in Marshall County.
On the Net:
Related StoryRelated Story