LePage aide Demeritt facing foreclosure on five buildings

The Associated Press
Posted April 15, 2011, at 9:29 a.m.

AUGUSTA, Maine — Maine Gov. Paul LePage’s communications director is facing possible foreclosure on five buildings he owns including an apartment house destroyed by arson last week.

The Kennebec Journal says Savings Bank of Maine wants a default judgment against Dan Demeritt. Demeritt says he’s working directly with the bank and that he’s “not running away” from his debts.

The pizza restaurant owner links unpaid taxes, bills and mortgage loans to business difficulties that began almost 2½ years ago when he expanded his property holdings. He says he never envisioned pizza sales dropping 45 percent. Last fall, he closed one of his two pizza restaurant locations.

Demeritt, who describes himself as a landlord and small-business owner, is a Colby College graduate and holds an MBA from the University of Southern Maine.

 

http://bangordailynews.com/2011/04/15/politics/lepage-aide-demeritt-facing-foreclosure-on-five-buildings/ printed on July 30, 2014