« BACK TO TMZ TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

Allen Iverson

On the Right Side

of a Financial Ruling

3/10/2012 2:22 PM PST BY TMZ STAFF

0130_allen_iverson_getty_ex
Allen Iverson's highly-publicized money troubles might be taking a turn for the better for a change -- because a judge has ruled the former NBA star is still entitled to a $4 million judgment ... if he can get his hands on it. 

Iverson won a lawsuit back in 2010 against Martin Sepulveda over a house Iverson purchased in Georgia that had major construction defects ... so much so that Allen and his then-wife were forced to move out. 

A.I. scored a $4 million judgment, but later in 2010 ... Sepulveda filed for bankruptcy, putting Iverson's big pay day in jeopardy. 

But a federal court judge ruled last month in Iverson's favor, saying the debt could not be discharged and Iverson was still owed the giant chunk of change.

Iverson could use the money -- as TMZ first reported, a judge in Georgia ordered Iverson's wages be garnished to pay back a $859,896.46 debt.

For more sports stories, check out tmzsports.com!
21 COMMENTS

No Avatar
1.

There's a problem here    

Dude's got one strange looking nose.

905 days ago
2.

Cricket    

Another money problems story. That is another celeb not paying their bills story. It's hitting everybody. Of course, if you live within your means, you don't rack up $900k in debt. Jackass.

905 days ago
3.

igotfleasfromtmz    

I am usually in favor of bankruptcy ruling to dc debt, but in this case I am glad to see he is awarded money he had to put out. This is for the people this time not big corporations.

905 days ago
4.

himminy    

the last time iverson even came close to winning anything was 3 years ago when he put a dollar bill in a machine and 4 quarters came out.

905 days ago
5.

himminy    

comment #5. you got fleas from tmz? you're 1 of the lucky ones then. most people who visit this dirty site get herpes.

905 days ago
6.

Hisjules    

test

905 days ago
7.

jerry    

Did Tawana tell you that?

905 days ago
8.

Joao    

Don't worry, IF he ever gets the money it'll be gone in 8 minutes.

905 days ago
9.

Poor, poor Mindy ...    

If you can go through NBA money then it is official. You are as stupid as a football bat. The end.

905 days ago
10.

Poor, poor Mindy ...    

Someone posted earlier about his weird nose. I don't think it's weird at all. Looks just like a cowbell made of flesh to me. That's where a lot of his $$$ has gone over the years, I'm sure.

905 days ago
11.

3Storms    

He's the same jackass for whom just a little over a year ago got his Lamborghini towed and told cops to keep it because he has ten more. I feel no pity for him.

905 days ago
12.

jim    

He was a big Alcoholic in philly almost took him an his crew one night when we where driving going home from the races on spring garder street... Hey just lost his step!!

905 days ago
13.

val     

HE DESERVES MORE .. KIM STOLE ALL THOSE WEDDING GIFTS for a fraudulent marriage for ratings, gifts and hype. He was the victim .. he's a good young man from a fine loving family and the Kartrhashians are now whoring out their Jenner youth who make the 3 ugly chickens including the sex tape ho who neglected to have her first wedding to the black music man be the real dream wedding .. they all lie and Kim's a real ugly ... pay him .. I'd like to see him expose all of them

905 days ago
14.

lorenzo lorenzen    

guy is broke as a joke so this will help

905 days ago
15.

mike johns    

Some excellent points here, I totally agree with you.
Symptoms of Herpes

905 days ago
| 1 | 2 | Most Recent | Next 15 Comments

Around The Web