OJ Simpson has a mountain of money owed to repay. So many who the executor says he's going to scrape collectively some cash as quickly as he can!
Malcolm LaVergne, who was OJ's lawyer and is now managing OJ's property after he handed away final April, tells TMZ … that he's attempting to get greater than $269,000 out of one in all OJ's properties, and that he could need to undergo Simpson's son Justin to take action.
Malcolm says Justin, whose mom was Nicole Brown Simpson, helped his father purchase his “eternally” Las Vegas house just a few years in the past. Now the property desires to recoup the cash OJ put into the home. LaVergne estimates the quantity to be round $159,000.
Moreover, he says the house is now value greater than $100,000 greater than when it was bought in 2022. So LaVergne believes each the fairness and the quantity OJ put into the house belong to OJ's property.
We requested Justin for his opinion on his father's home, however haven’t heard again from him but.
In fact, the $269,000 is only a drop within the bucket for the property's collectors … after which there's the $33.5 million in damages OJ owed his victims' households after the 1997 wrongful demise lawsuit.
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OJ was acquitted in his homicide trial, however was later discovered liable in a civil courtroom in Santa Monica for the deaths of Nicole and Ron Goldman. Though the decision was initially for $33.5 million, curiosity on the unpaid debt would have amounted to roughly $100 million.
Moreover, OJ's property was not too long ago hit with a $500,000 tax declare from the state of California.
In response to LaVergne, OJ's property is now nearly nugatory, so he's scrambling to search out sources of revenue to fund the property and pay again collectors just like the IRS, the California Tax Board, and Goldman.
The issue is that LaVergne says he's disenchanted that he's met with a lot resistance in his efforts to gather and liquidate OJ's property. However he plans to go after everybody, together with OJ's household, arduous.
One in all Simpson's crown jewels that he's determined to get his palms on is his Professional Soccer Corridor of Fame ring. He says it's been lacking since Simpson died … together with a pleasant Rolex of his.
He’s clearly aggravated that it has disappeared and not using a hint, saying, “It belongs to the property and I need it laid at my ft.”
Along with the home and ring, Malcolm additionally asks permission to public sale off a few of OJ's possessions to lift cash for the property.
