ComplaintsforPetrorock Mineral Holdings, LLC
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Complaint Details
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Initial Complaint
06/12/2022
- Complaint Type:
- Service or Repair Issues
- Status:
- BBB unable to locate business
The ****************************************************************, Petrorock Mineral Holdings, LLC, and ******************************, all operating in Texas) enticed me, a retiree, to lend a large amount of money (over $100,000) in a supposedly secured loan, for investing in oil and gas rights to land in Texas, in 2018, for 1 year, due May 30, 2019. In 2020, when I wanted my money back, I was told that the loan automatically was extended to April 2020 because my investment advisor had neglected to file the necessary paperwork. So I filed the necessary paperwork in April 2021 to end the loan July 1, 2021 Since then *** has been attempting to coerce me into allowing them to unilaterally extend the loan for 3 more years! The loan came due July 1, 2021, and *** has made no attempt to pay off the loan, or even indicate they will pay the note. The loan is currently in default and I have not been paid.
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Customer Complaints Summary
1 total complaints in the last 3 years.
0 complaints closed in the last 12 months.