It has been greater than three years since Adrian Peterson was sued for failing to repay an enormous debt, and a decide made a brand new ruling in opposition to the previous Professional Bowl working again this week.
On Monday, Peterson was ordered by a decide in Houston, Texas, to show over belongings with a purpose to assist repay a debt that’s estimated to be greater than $12 million. Based on documents that were obtained by USA TODAY Sports, a court-appointed receiver requested the order in July and said that Peterson is “recognized to have quite a few belongings” on the former NFL star’s residence in Missouri Metropolis, Texas. Constables have been ordered to accompany the receiver to Peterson’s residence with a purpose to maintain the peace.
Peterson’s debt stems from a $5.2 million mortgage he took out with a Pennsylvania-based lender in 2016. He defaulted on the mortgage, which led to an $8.3 million judgment against him in 2021.
The court-appointed receiver said in his July submitting that nothing had been accomplished to repay the debt, which is why curiosity and lawyer charges have introduced the entire to greater than $12 million.
Peterson allegedly used a few of the $5.2 million he borrowed in 2016 to pay again a Minneapolis-based financial institution, which filed a lawsuit in opposition to him in 2017 claiming Peterson defaulted on a $2.4 million loan.
Peterson earned over $100 million on the sector throughout his profession, plus any endorsements. The previous Minnesota Vikings star made the Professional Bowl seven occasions and ranks fifth all-time within the NFL with 14,918 speeding yards.
