MJ is paying his debts!

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MJ is paying his debts!

Post by Truth_or_Dare on Fri Oct 02, 2009 3:54 pm

By ANTHONY McCARTNEY, AP Entertainment Writer Anthony Mccartney, Ap Entertainment Writer


2 mins ago





LOS
ANGELES – A judge has increased the powers of two men currently
administering Michael Jackson's estate in part because of the singer's
substantial debts.
Los Angeles Superior Court Judge Mitchell Beckloff on Friday gave attorney John Branca and music executive John McClain general powers over Jackson's estate, which allow them to consider creditor's claims.
Numerous
people have filed claims against the pop singer's estate for unpaid
bills. They inlcude a stylist, security and Jackson's defense against
child molestation charges.
Until Friday, no one could accept or reject creditor's claims against Jackson, who died with an estimated $400 million in debt.
http://news.yahoo.com/s/ap/20091002/ap_en_ce/us_michael_jackson_guardianship
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Re: MJ is paying his debts!

Post by Harleyblonde on Fri Oct 02, 2009 4:12 pm

Am not saying this is true but I always thought to a certain extent money as well as the result of court case, his health, the fact that he wasn't getting any younger/in middle age and the media etc that money was a contributing factor. If this is the case it is all going well as the movie will make huge amounts plus CD,DVD sales etc. He was after all married to Elvis's Daughter and would have been well aware that Elvis after his death made billions. I think the majority of people when faced with a hugh fortune would spend like MJ did, also he was relieved by huge fortunes by his "entourage and "hangers on". If this is correct information regarding his finances is hope for us as it gives more credibility and logic behind the "hoax"
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Re: MJ is paying his debts!

Post by amber on Fri Oct 02, 2009 4:33 pm

i wonder if the 2 men are in on the hoax? they must be mj needs someone to sort his finances, and its obvious now that for some reason his family aint been appointed to do it!!!!
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