Michael Jackson’s Doctor Could Be Heading Towards Foreclosure

Conrad Murray (Yahoo!)

After his house got raided by the police for the second time on Tuesday, Michael Jackson’s doctor, Dr. Conrad Murray reportedly could face foreclosure as one of the case’s results.

Murray is more than $100,000 behind on his mortgage payments and could face foreclosure on the country club home where authorities once searched in their manslaughter investigation. Written on the documents which filed on July 23, Murray accumulated a debt of more than $100,000 plus penalties since January on a nearly $1.7 million loan on the mansion at the exclusive Red Rock Country Club.

The 56-year-old physician was racking up the debt when he went to work for Jackson in May. But according to his lawyer Edward Chernoff, Murray was not paid for the two months he worked for Michael Jackson and concert promoter AEG. It’s a contradiction to what AEG Live’s company president and chief executive Randy Phillips has said, that AEG advanced Jackson money to pay the doctor and had been negotiating to provide Murray a $150,000 monthly salary.

A foreclosure officer handling Murray’s case for Stewart Title, Mary Hunt said that the cardiologist stopped paying his $15,000 a month mortgage in January and could face foreclosure by November. Not only that, Murray’s Nevada medical practice has been slapped with more than $400,000 in court judgments since 2008, and he faces at least two other pending cases. Then, court records also show Murray was hit last December with a nearly $3,700 judgment for failure to pay child support in San Diego and had his wages garnished for almost $1,500 by a credit card company.

Chernoff issued a statement acknowledging the cardiologist’s home was in pre-foreclosure and blaming Murray’s financial woes on his inability to make a living “as a result of this investigation.” Chernoff also added, “His hope is he can forestall foreclosure until he can once again begin working as a doctor.”

Could this be the end of Murray’s career? Stay tune for more upcoming news!

[ via Yahoo! News ]

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