Oh no!!! What would Ryan Lochte do???
The Olympic simmer's parents, Steven and Ileana Lochte have apparently run into some hot water financially and are reportedly losing their home in Port Orange, Florida to foreclosure!
According to legal docs, Ryan's mom and pops took out a $258,000 loan way back in 2007, which required a monthly payment of
Tags: citimortage, debt, family, financial problems, florida, for reals estate, foreclosure, home, ileana lochte, lawsuit, legal matters, loan, parents, port orange, public auction, ryan lochte, steven lochte
What the F?!?!
Mary J. Blige is involved in a rather expensive lawsuit from a defendant who claims Mary has defaulted on a loan and owes $2.2 Million dollars!
We totally said that amount of money with our pinkie in our mouth while laughing in an evil manner.
The complaint was filed today by a bank in Manhattan who wants the original amount of money back plus $58,000 in interest. They say
Tags: legal matter, loan, mary j blige, million, money, music minute
NFL star Bryant McKinnie was worried, as were most players, during the 2011 NFL lockout.
He was so worried that just before the lockout, he took out a $4 million loan.
He used Pro Player Funding who specialized in "lockout loans" for NFL players who were worried about their cash flow stopping during the lockout pay freeze.
These loans were very high risk, with
Tags: change, court, judge, loan, lockout, million, money, nfl, player, players, running, star, team
A pair of pandas are headed to Scotland.
The pandas, Sweetie and Sunshine, were put onto a specially charted flight, where they will receive first class style care during the journey.
They are on loan from China and will live in Scotland for 10 years, after which they, and any babies they have, will return home to China.
Check out the cuties in the above video.
Tags: bear, china, flight, loan, panda, scotland, uk, zoo
Well, it's better than $13 mil!
Waaaay back in June 2010, we learned that South Korean newspaper Segye Times filed a $13 million lawsuit against Katherine Jackson over a series of family concerts that never happened.
Now, the lawsuit has finally been settled, and MJ's estate has loaned Katherine $6 mil to pay the newspaper.
Unfortunately for Katherine,
Tags: 13 million, family concerts, lawsuit, loan, michael jackson, mj estate, newspaper, segye times, settlement, six million, south korea
That's an insane amount of money to need to borrow when you're already getting a cool $2 million an episode, if you ask us, but hey, he probably had his innocent reasons!
Reports of Charlie's contract for his final season are coming in that there was a little ditty about the WB having to pay Charlie $10 million dollars within 10 days of him signing.
It was also set up that a certain amount ($769,230.77) was going to be deducted from his paycheck for the first 13 episodes to pay it back. And the interest? Take it out of the 14th.
The company got it's money back, no problem, but what we're wondering is why he needed it in the first place! Seems kinda shady to us when you're making a ton of money to begin with — he HAD to have been blowing his money pretty quickly!
Now we're REALLY curious!
[Image via Ramey Pix.]
Tags: 10 million dollars, charlie, company, contract, episode, final season, insane, interest, loan, money, paycheck, reports, shady
Lindsay Lohan will be charged with felony grand theft in the case of the stolen necklace.
A jewelry store claims that Lindsay stole the $2,500 necklace that she's been pictured with (above), however Lindsay says that she took the jewelry on loan.
And she's still sticking with that story.
The case will be filed as early as Monday. If convicted, Lindsay could face a maximum of three years in state prison.
Here we go again….
[Image via WENN.]
Tags: felony, loan, necklace, theft