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Michael Jackson's estate is taking hits from all sides -- and big surprise, the newest creditor to enter the ring is a company that claims it's owed money for helping MJ refinance the MIJAC catalog.
According to a creditor's claim filed in L.A. Superior Court, MJ's estate owes $328,299.03 in unpaid fees to a small investment banking firm in Baltimore called Signal Hill Capital -- for "financial services related to music publishing assets."
As TMZ reported, the grand total for all creditors' claims against Jackson's estate is expected to exceed $20 million -- so a couple hundred grand here and there is pretty much small potatoes.
Celebrity Justice1/5/2010 4:29 PM PST BY TMZ STAFF
New MJ Creditor -- Back of the Line, Buddy
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Reader Comments
(Page 1 of 28) | 1 | 2 | 3 | 4 | 5 | 6 | 7 | Most Recent | Next 15 Comments2.
I am NOT lurking here to be "first" LOL - just came here and couldn´t resist...
Michael didn´t owe close to 400 millions, huh?!
Who said lies, lies and more lies?
POOR Michael!
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5.
Posted at 2:39PM on Jan 5th 2010 by astabasta
Ahh..I see what the ooops was about! LOL
Yeah $400 million down to $20 Million is quite a difference! Another bunch of lies to make him look like a deadbeat!
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6.
Why does everyone else on the planet have to pay their bills but Michael Jackson? Why when anyone wants to pay are they wrong? When people provide a service, they are to be paid. If you don't want to pay, don't take the service. Regardless if he is alive or dead, the debts have to be paid. This goes for anyone, famous or not.
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7.
This is a BS!!
Why didn't they go after him when he was alive??
Not only that, but why don't the estate go after Signal Hill Capital, since they were handling MJ's finances, and sue them for mismanagement! Now that's a thought! Not only them, but all those who are trying to sue MJâs estate should be sued, if they canât prove their case!! That will stop all these bogus ass suits!
I wish I represented MJâs estate; it would have a lot of money pouring in!
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8.
WHO CARES !!! WHO CARES !!!
WHO CARES HOW MANY PEAPLE ARE SUING THIS DEAD MAN !!!
JEEEES MAN, BYE BYE TMZ
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9.
Why does everyone else on the planet have to pay their bills but Michael Jackson?
Because THEY'RE NOT MICHAEL JACKSON! That's why.
People give famous people stuff on credit or for free all of the time thinking that somewhere down the line it will be beneficial for them to do so. Now that Michael is gone he is no longer of any use to them (callous, but true) so now they want their money.
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10.
10. PM Miller who sounds like they are using different nics to prove what a moron they are. Catch up to reality. MJ was a dead beat. Learn the facts stupid. Over $500 million that dead beat owed.
FACT: Michael Jackson leaves $1 billion in assets, $500 million in unpaid debts.
$20 million? Obviously you can't add either.
Posted at 2:50PM on Jan 5th 2010 by Debbie
REREAD THE POST IT SAYS HE OWES $20 million....ADD what??? I know how to read..it says $20 million!
I don't change my name..you obviously do cause you are not the SANE Debbie who usually posts!
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11.
Michael was NOT a deadbeat! These people liked kissing up to Michael when he was alive and a lot of them GAVE him this stuff or fronted it to him because he was MICHAEL JACKSON! Now that he's gone (as said before) it's no longer beneficial for them to kiss his azz.
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12.
good gosh tmz. you just enjoy putting these stories of creditors filing claims one by one dont you?
probably bogus anyways. or its just like what is said above. just because of who he was bunches of people did stuff for him because it was beneficial for them at the time.
rip mj
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13.
ITS AMAZING HOW ALL THESE JERKS KEEP COMING OUT AND CLAIMING THINGS SEEMS LIKE EVERY WEEK OR EVERY MONTH. WHOEVER WAS HANDLING MICHAELS FINANCES SURE DID SCREW MICHAEL'S FINANCES UP. SOUNDS LIKE THEY WERE THE ONES WHO MIGHT HAVE GOTTEN MICHAEL INTO SO MUCH DEBT. ALL THESE CLAIMS ARE RIDICULOUS AND STUPID. THE LAWYERS OF THE ESTATE NEED TO PUT A STOP TO THIS NOW BEFORE THEY LOOSE ALL MICHAEL'S KIDS MONEY. SOUNDS LIKE THERES A LOT OF A--HOLES IN THIS WORLD. IF THE FBI WANTS TO INVESTIGATE SOMEONE THAN ALL THESE SO CALLED INDIVIDUALS WHO ARE FILING THESE CLAIMS NEED TO BE INVESTIGATED BY THE THEM. AGAIN HELLS GOING TO BE FULL OF GREEDY,RICH, EVIL INDIVIDUALS. THE HOLE IS GOING TO BE SO BIG THAT GOD IS GOING TO HAVE TO MAKE IT BIGGER FOR ALL THESE INDIVIDUALS TO GET IN.
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14.
Hey MJ Fans:
This is how I feel about our Michael! I wish the "Alive" theory was so true!
http://www.youtube.com/watch?v=fPR9Pt_9J4A
Do you still miss Michael?
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15.
MJ was a dead beat bill payer. He was just a selfish person.
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