In late September of last year, Chris Brown was served with a $2 million lawsuit from Popeyes.
The fast-food chicken restaurant has become a standard in the industry, among competitors such as KFC, Church’s, and others. It’s one of the reasons why the R&B star invested in two places. However, according to City National Bank papers, he has not fulfilled his half of the agreement. Brown has $22,140,901.74 in overdue principal and interest. The action was filed in California. Six months later, the singer has yet to comply with that request, implying that the consequences have become more serious.
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The latest news is from The Neighborhood Talk and Hollywood Unlocked. They both claim that he has exactly 30 days to repay the outstanding loan. However, instead of just handing over money, Brown may risk losing some of his favorite possessions. They include his home, wages, and money.
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All three assets would help to pay down the balance. Furthermore, the court might do so without alerting Brown. “This court may issue a writ of execution or other forms of enforcement. “Your wages, money, and property may be taken without further notice from the court,” the document states. According to Hollywood Unlocked, the revised figure is $1,760,654.11. The information came from BNN.
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