Embattled auto dealership owner Bart Reagor is back in the news.
U.S. Marshals served a writ of execution to Reagor the former co-owner of the Reagor Dykes Auto Group on Thursday.
In 2019, Lubbock’s federal district court determined Bart Reagor owed Ford Motor Credit $49 million-plus a post-judgment interest rate of 1.55 percent per annum from November 26, 2019, until paid and
On October 28th, 2020, a writ of execution was issued to allow for Texas U.S. Marshals to collect the millions, plus more than $703,000 in interest.
Marshals attempted twice to find Reagor at his home with no success; once at 12:55 p.m., and again at 4:16 p.m, but it was finally served to Reagor at 5:09 p.m., at CVS Pharmacy at 3402 50th Street.
The writ states U.S. Marshals were given 90 days from October 28 to collect the debt from Reagor and If the judgment is not paid, there is an additional interest of $2,092.74 per day that will be owed.