Judge orders former NFL star Adrian Peterson to turn over assets to pay $12 million debt to Pennsylvania lending company

📆 9/10/2024 8:37 PM
📰 PhillyDailyNews

⏱ Reading Time:
36 sec. here
2 min. at publisher
📊 Quality Score:
News: 18%
Publisher: 67%

Adrian-Peterson-Debt-Collection News

United States United States Latest News,United States United States Headlines

Former NFL running back Adrian Peterson has been ordered by a Texas judge to turn over personal assets to help pay a debt that has ballooned to more than $12 million.

Judge orders former NFL star Adrian Peterson to turn over assets to pay $12 million debt to Pennsylvania lending company

A court-appointed receiver has been seeking to collect money from Peterson as part of a judgment from a lawsuit filed against the four-time All-Pro running back over a $5.2 million loan he failed to repay to a Pennsylvania lending company. Interest and fees resulted in that debt more than doubling.The receiver, Robert Berleth, asked a judge in July to order that constables accompany him to Peterson’s home in the Houston suburb of Missouri City so he can inventory assets that can be sold off.

In February his attorneys filed court documents asking that Berleth be prevented from auctioning various items seized from storage units, including Peterson’s 2007 NFL “Rookie of the Year” trophy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NFL owners vote in favor of private equity investment; select firms commit $12 billionThe NFL is the last major sports league to allow private equity investment as rising valuations make it harder for owners to buy in.
Source: CNBC - 🏆 12. / 72 Read more »