MJ Creditors Claims - Tens of Millions of $$$

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Offline Wildy

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MJ Creditors Claims - Tens of Millions of $$$

  • on: January 03, 2010, 10:21:25 AM
Michael Jackson's estate may be making serious money, but they are also dealing with claims upwards of $20 million, sources tell TMZ.

We're told the best guess is that when the door finally shuts on people who claim Michael Jackson owed them money, the grand total will exceed $20 mil. That includes a $5 million claim from a memorabilia collector, a $1 million claim from someone who wants a cut of the "Thriller" music video, a $2.3 million claim from Dr. Tohme Tohme and a $1.5 million claim from a law firm (there are a number of other law firms that want a piece of the estate).

That does not mean -- by any stretch -- the estate will pay all the claims. We're told some of them are patently bogus and lawyers for the estate will not pay, unless a judge orders them to ante up.

http://http://www.tmz.com/2010/01/03/michael-jackson-creditors-claims-millions/

people's comments below are so bad !!!!  :evil:  :evil:
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »
                                         

Offline DancingTheDream

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Re: MJ Creditors Claims - Tens of Millions of $$$

  • on: January 03, 2010, 12:37:30 PM
What does Thome Thome think he is owed money for??????
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »

Offline DancingTheDream

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Re: MJ Creditors Claims - Tens of Millions of $$$

  • on: January 03, 2010, 12:55:45 PM
Anything Anything, Anything for money, will lie for you will die for you, even sell my soul to to the DEV!L
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »

Offline i_need YoU

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Re: MJ Creditors Claims - Tens of Millions of $$$

  • on: January 03, 2010, 08:18:00 PM
i think it is pathetic for who ever it is that wants money for the thriller video!!! seriously why now ask for money??? why wait until after his death to be like oh by the way he owed me some money?!?!?!? It frustrates me to see people using Michaels name to get money OR to go back 20+ years and say he owed them money for that...makes my blood boil

Peace to you Michael and Peace to the fans on the forum!!
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »

Offline Ninanina

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Re: MJ Creditors Claims - Tens of Millions of $$$

  • on: January 03, 2010, 09:03:53 PM
I read John Landis and Ola Ray want money for Thriller, but that claim was made befor 6/25.

But, isn't the article a good sign?

"the grand total will exceed $ 20 mil."

It was reported, that Michael was in debt with $ 400 mil.!
Wouldn't ALL creditors have to do their claim NOW, because as soon this file is closed and they didn't, they won't get any money?
The Estate didn't pay anyone, yet, I guess?

So, this again shows us, that everything reported about his debts was false!

Or am I completely wrong here?
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »
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Offline i_need YoU

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Re: MJ Creditors Claims - Tens of Millions of $$$

  • on: January 03, 2010, 09:06:09 PM
i dont think he is in debt no way!! those have to be false rumors its so hard to believe heehee
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »

Offline ILuvUMoreMJ

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Re: MJ Creditors Claims - Tens of Millions of $$$

  • on: January 08, 2010, 02:47:29 AM
Quote from: "Ninanina"
I read John Landis and Ola Ray want money for Thriller, but that claim was made befor 6/25.

But, isn't the article a good sign?

"the grand total will exceed $ 20 mil."

It was reported, that Michael was in debt with $ 400 mil.!
Wouldn't ALL creditors have to do their claim NOW, because as soon this file is closed and they didn't, they won't get any money?
The Estate didn't pay anyone, yet, I guess?

So, this again shows us, that everything reported about his debts was false!

Or am I completely wrong here?

He had huge unpaid loans that he took out against his Sony catalogue and Neverland...that's where the big debt comes into play, not from these claimants.  I happen to believe Michael was very much in debt, but that is different than being bankrupt.  I actually think it was the main reason for the hoax.
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »
I will always love you Michael!

 

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