Current:Home > StocksPredictIQ-Judge orders former NFL star Adrian Peterson to turn over assets to pay $12M debt -WealthDrive Solutions
PredictIQ-Judge orders former NFL star Adrian Peterson to turn over assets to pay $12M debt
Poinbank Exchange View
Date:2025-04-09 08:38:07
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 PredictIQfees 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! (9)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Hurricane Helene threatens ‘unsurvivable’ storm surge and vast inland damage, forecasters say
- Cardi B Debuts New Look in First Public Appearance Since Giving Birth to Baby No. 3
- Alabama death row inmate's murders leaves voids in victims' families: 'I'll never forget'
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Ports seek order to force dockworkers to bargaining table as strike looms at East and Gulf ports
- Kane Brown's Most Adorable Dad Moments Are Guaranteed to Make Your Heart Sing
- Get in the holiday spirit: Hallmark releases its 'Countdown to Christmas' movie lineup
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Companies back away from Oregon floating offshore wind project as opposition grows
Ranking
- New data highlights 'achievement gap' for students in the US
- Tropical Weather Latest: Hurricane Helene is upgraded to Category 2 as it heads toward Florida
- Climate change destroyed an Alaska village. Its residents are starting over in a new town
- Suspect arrested after Tucson junior college student killed on the University of Arizona campus
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Artem Chigvintsev breaks silence on his arrest after prosecutors decide not to charge him
- Chiefs' Andy Reid, Patrick Mahomes explain Travis Kelce’s slow start
- New York City Mayor Eric Adams vows to fight charges in criminal indictment
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
The Latest: Harris and Trump offer competing visions for the economy
Tropical Weather Latest: Hurricane Helene is upgraded to Category 2 as it heads toward Florida
50 Cent's Netflix doc on Diddy allegations will give 'voice to the voiceless,' he says
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Sen. Raphael Warnock is working on children’s book inspired by the story of Jesus feeding the 5,000
Get in the holiday spirit: Hallmark releases its 'Countdown to Christmas' movie lineup
What to know about Jake Paul-Mike Tyson fight: date, odds, how to watch