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Michael Jackson's Brother Wants Estate To PayPosted Jan 21st 2010 7:00PM by TMZ StaffMichael Jackson's brother, Randy Jackson, is in the middle of a creditor's claim filed against the estate and according to legal docs ... Randy is on the side of the creditor.Stabler & Associates, a company that claims it was hired to handle Michael Jackson's business matters -- in particular, a humongous Bank of America loan and the funding of his 2004 child molestation trial -- claims the estate owes the company $275,446.08.Here's the problem. The statute of limitations has run on the debt. But Perry Wander, lawyer for Stabler & Associates, tells TMZ the company relied on Michael and Randy's repeated promises that the debt would be paid, so the estate should not be able to raise the technical, statute of limitations defense.Howard Weitzman, lawyer for Michael Jackson's estate, is unmoved, telling TMZ, "The claim needs to be investigated and it appears to be barred by the statute of limitations."And this is interesting ... included in the $275,446.08 -- a late penalty of $81,946.08.And you thought credit card interest was high.Read more: You are not allowed to view links. Register or Login
$275,446.08 -- a late penalty of $81,946.08.
Quote$275,446.08 -- a late penalty of $81,946.08.so..2+7+5+4+4+6+0+8 = 3636 - 8-1-9-4-6-0-8 = 0Zero.. that's about how much they'll get.
I don't trust TMZ.
At the time of Michael's court case Randy Jackson & Karen Faye set up a website for fans, Fans had to pay a fee to join, Michael was unaware of this as he was too busy with the court case, When Michael did find out about it he shut the website down & KF was sacked, Michael did not want anyone taking money from his fans, to date the fans received no refund. Wonder will they refund the fans if the estate pay out :lol: This so called debt was not just to do with the courtcase.........
Quote from: "Disco"At the time of Michael's court case Randy Jackson & Karen Faye set up a website for fans, Fans had to pay a fee to join, Michael was unaware of this as he was too busy with the court case, When Michael did find out about it he shut the website down & KF was sacked, Michael did not want anyone taking money from his fans, to date the fans received no refund. Wonder will they refund the fans if the estate pay out :lol: This so called debt was not just to do with the courtcase.........No real fan care about that for one second.. all that matters is that Michael did well in court.. and he did know about the site, he did videos that was on there, and photos as well.. it was Randys project though, and I think he is responsible for shutting down the site
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