Julius Erving Ordered to pay $230k on Defaulted Loan | Robert Littal Presents BlackSportsOnline

Julius Erving Ordered to pay $230k on Defaulted Loan

by Robert Littal | Posted on Sunday, June 3rd, 2012
Tweet about this on TwitterShare on FacebookEmail this to someoneShare on RedditShare on Google+

They got Dr. J?

It seems every single day a current or former athlete is being hit hard for his paper.

According to documents filed in Georgia, the NBA legend took out a loan in 2009 from Georgia Primary Bank. The original loan was for $1,000,000 and Erving had an outstanding balance of $210,705.71 … which was never paid.

The bank made repeated requests for the balance and when they went ignored … they filed a lawsuit in October 2011.

The lawsuit went ignored as well and a Georgia court ordered Erving to fork over $230,286.86 – the original balance, plus $19,581.15 in interest.

Powered by
About the Author

Founder of BlackSportsOnline and BonaFide Media. @BSO. Email Robert

Displaying 1 Comments
Add Your Comment
  1. ellis says:

    Dr. J ICONIC!!! So What……………… WHY is this News?

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Current ye@r *


BlackSportsOnline
BSO Privacy Policy