O.J. Simpson’s Estate Executor Trying to Liquidate Assets to Pay Creditors
O.J. Simpson has a ton of money owed he wants to pay from past the grave — so many, the executor of his property says he is taking off the child gloves to scrape up some cash, ASAP!
Malcolm LaVergne, who went from being O.J.’s longtime lawyer to now working his probate property after he died final April, tells TMZ … he is attempting to deliver in additional than $269,000 from one among O.J.’s houses, and might need to undergo Simpson’s son, Justin, to get it.
Malcolm says Justin — whose mom was Nicole Brown Simpson — helped his father purchase his “forever” dwelling in Las Vegas a pair years in the past, and now the property needs to recoup the cash O.J. put into the house, which LaVergne pegs at round $159K.
What’s extra, he says the house is now value over $100K greater than when it was bought in 2022. So, LaVergne’s place is that each the fairness and the quantity O.J. put into the house belong to O.J.’s property.
We reached out to Justin for his tackle his father’s dwelling, however have not heard again from him.
Of course, the $269K is only a drop within the bucket when it comes to collectors of the property … there’s nonetheless the $33.5 million judgment O.J. owed his victims’ households after the 1997 wrongful dying lawsuit.
O.J. was acquitted in his homicide trial, however he was later discovered chargeable for the deaths of Nicole and Ron Goldman in a Santa Monica civil courtroom … and though the judgment was initially $33.5 million, curiosity on the unpaid debt has reportedly ballooned to round $100 million.
On prime of all this, O.J.’s property was not too long ago hit with a $500K tax lien from the State of California.
LaVergne says O.J.’s property is just about nugatory at this level, so he is turning over each stone to discover all sources of income to fund the property, and assist pay again collectors just like the IRS, the California Tax Board and the Goldmans.
Thing is … LaVergne says he is disenchanted he is assembly robust resistance to his efforts to acquire and liquidate O.J.’s property — however he plans to get powerful on everybody, together with O.J.’s household.
One Simpson crown jewel, of types, he is attempting to get his fingers on is his Pro Football Hall of Fame ring, which he says has been lacking since Simpson died … together with a elaborate Rolex of his.
He’s clearly peeved it is M.I.A., telling us, “It belongs to the estate and I want it placed at my feet.”
In addition to the home and the ring, Malcolm’s additionally in search of permission to promote a bunch of O.J.’s belongings at public sale to increase cash for the property.