Thursday, July 30, 2009

Michael Jackson's Personal Doctor May Lose Home to Foreclosure

Michael Jackson's personal physician is more than $100,000 behind on his mortgage payments and could face foreclosure on the country club home.

Documents filed July 23 with the Clark County Recorder show Dr Conrad 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 5,268-square-foot home has four bedrooms, three fireplaces, a pool and spa. Its original sale price in 2004 was $1.1 million.

Dr Murray's lawyer in Houston, Edward Chernoff, issued a statement to the AP acknowledging the cardiologist's home was in "pre-foreclosure" and blamed his client's financial woes on his inability to make a living "as a result of this investigation."

"His hope is he can forestall foreclosure until he can once again begin working as a doctor," the lawyer said, adding that Dr Murray was not paid for the two months he worked for Michael Jackson and concert promoter AEG.

Company president and chief executive Randy Phillips has said AEG advanced Jackson money to pay the doctor and had been negotiating to provide Murray a $150,000 monthly salary.

Mary Hunt, a foreclosure officer handling Murray's case for Stewart Title, said Dr Murray stopped paying his $15,000 a month mortgage in January and could face foreclosure by November.

In addition, 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.

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.


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