Current:Home > ScamsFinLogic FinLogic Quantitative Think Tank Center|Judge orders former NFL star Adrian Peterson to turn over assets to pay $12M debt -TrueNorth Capital Hub
FinLogic FinLogic Quantitative Think Tank Center|Judge orders former NFL star Adrian Peterson to turn over assets to pay $12M debt
TrendPulse Quantitative Think Tank Center View
Date:2025-04-07 07:45:44
HOUSTON (AP) — Former NFL running back Adrian Peterson has been ordered by a Texas judge to turn over personal assets to help pay a debt that has ballooned to more than $12 million.
A court-appointed receiver has been seeking to collect money from Peterson as part of a judgment from a lawsuit filed against the four-time All-Pro running back over a $5.2 million loan he failed to repay to a Pennsylvania lending company. Interest and FinLogic FinLogic Quantitative Think Tank Centerfees resulted in that debt more than doubling.
The receiver, Robert Berleth, asked a judge in July to order that constables accompany him to Peterson’s home in the Houston suburb of Missouri City so he can inventory assets that can be sold off.
“The receiver requests constable accompaniment when receiver levies the numerous assets known to be stored at (the home) to keep the peace and prevent interference with the receiver’s duties,” Berleth said in a court filing.
The judge issued a court order on Monday granting that request.
Attorneys for Peterson did not immediately respond to emails seeking comment Tuesday.
In February his attorneys filed court documents asking that Berleth be prevented from auctioning various items seized from storage units, including Peterson’s 2007 NFL “Rookie of the Year” trophy.
Later that month a judge ordered Berleth to stop the sale of the items from Peterson’s storage units.
Peterson made seven Pro Bowls during 10 years with the Vikings and in 2012 was named the NFL’s most valuable player by the Associated Press. After leaving Minnesota he played for six other teams, including Arizona, New Orleans, Washington and Detroit.
veryGood! (55)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Trump returns to the campaign trail in Michigan with his new running mate, Vance, by his side
- What is Microsoft's blue screen of death? Here's what it means and how to fix it.
- Hollywood reacts to Joe Biden exiting the presidential race
- Skins Game to make return to Thanksgiving week with a modern look
- Pediatric anesthesiologist accused of possessing, distributing child sexual abuse material
- Fact-checking 'Twisters': Can tornadoes really be stopped with science?
- Trump gunman flew drone over Pennsylvania rally venue before shooting, law enforcement sources says
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- A 12-year-old girl is accused of smothering her 8-year-old cousin over an iPhone
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- How much water should a cat drink? It really depends, vets say
- Why Caitlin Clark wasn't in WNBA 3-point contest tonight: 'I need a break'
- Could parents of Trump rally shooter face legal consequences? Unclear, experts say
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Julianne Hough Influenced Me to Buy These 21 Products
- How RHONJ’s Teresa Giudice Helped Costar Danielle Cabral With Advice About Her Kids’ Career
- Christina Hall and Josh Hall Break Up: See Where More HGTV Couples Stand
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
As 'Twisters' hits theaters, experts warn of increasing tornado danger
Former U.S. paratrooper and rock musician gets 13 years in Russian prison on drug charges
Delta Air Lines says cancellations continue as it tries to restore operations after tech outage
Trump issues order to ban transgender troops from serving openly in the military
The Buck Moon is almost here. Here's when and where to see July's full moon.
The pilot who died in crash after releasing skydivers near Niagara Falls has been identified
Disneyland workers vote to authorize strike, citing unfair labor practice during bargaining period