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Allen Iverson’s Bank Account Garnished by Judge for Almost $1 Million to pay back Jeweler


Posted by Latetha on 30 Jan 2012 / 0 Comment
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Once  known as “The Answer” on the Basketball Court, A.I. may no longer have “The Answers” to his life’s  problems.

Allen Iverson  just can’t get a break lately .  How did he go from being  one of the  top players  in the NBA,  giving the heat to superstar  millionaire players like Jordan and Kobe to this…..  He is currently going through a nasty divorce with his wife Tawanna Iverson , in which  she has made some outrageous claims about how he left her and their five kids broke and almost homeless. Now a judge has placed an order to allow a Jeweler to recoup  almost  $1 million dollars that will be directly  garnished  from  the fallen basketball players bank account. OUCH!! Im sure his family probably really will be homeless after this goes through.

The jeweler had better hope it doesn’t come back NSF.

Back in 2010, Iverson was sued by Aydin & Company Jewelers for a bill adding up to $375,000, in which he never paid. Allen also never responsed to the lawsuit,  which lead to Aydin & Company winning a default Judgement in the amount of $859,896.46 including court cost and attorney fees.

However Allen still decided to ignore the suit, and never paid up.  The judge decided that the only way he could get the Jeweler their rightfully owned  cash, is by garnishing the baller’s wages.   (We Fly High!)

The company can now get the money directly from Allen’s Wells Fargo bank account.  I’m sure by the time this is all over with,  his wife Tawanna,  will probably be airing all of their dirty laundry on a VH-1 reality show, for a paycheck.

Damn!

Written by Latetha


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