State Representative Derek Wulf has experienced a remarkable reversal of fortune since becoming the Republican candidate for lieutenant governor in June. A month ago, he was facing possible foreclosure and default judgments for multiple creditors seeking repayment of six-figure debts.
Iowa court filings indicate that since GOP gubernatorial nominee Zach Lahn chose his running mate, Wulf received a bridge loan, which allowed him to repay at least one major debt, and possibly more. In addition, an unnamed lender may be willing to refinance the obligations that prompted Wulf’s bank to file a foreclosure petition in May.
Neither Wulf’s attorney nor a spokesperson for Lahn’s campaign has responded to detailed questions…