Monday, January 30, 2012

Allen Iverson's Checks Being Garnished To Pay Back Debt



Allen Iverson was sued back in 2010 for not paying Aydin & Company Jewelers the $375,000 bill that he owes them.

A default judgement was issued in favor of the jewelry store allowing A&C to collect $859,896.46 for the bling, court costs, interest and attorneys fees.

Allen still didn't pay so earlier this month the judge signed off on an order which allows the store to recoup their loss directly from Iverson's Wells Fargo bank account.


Ouch!

1 comment:

  1. This man we know as "The Answer" is bearing a lot of pressure and problems when it comes to his career and financial status. Without a permanent source of income, it will be a tough task for A.I. to pay his bills and debt. I think it is safe to say, that he is learning the lesson the hard way. It's an abrupt ending for him, one of the greatest NBA players of all-time.

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