Chalk up another "L" for Michael Jackson, as the singer collected another legal debt to pay.
According to the Associated Press, Jackson was ordered Monday (Oct. 15) to pay $175,000 in overdue attorney’s fees to Ayscough & Marar. The law firm sued the pop icon in February 2006 claiming he didn't pay for services it rendered on his behalf.
As a result of all of this, Jackson owes more than $430,000 to the firm. To date, Jackson hasn’t paid any of the money due, said Brent Ayscough, a partner at Ayscough and Marar.
As for whether the embattled music icon will eventually pay up, Jackson’s attorney simply told the AP, "You’d have to ask him that."
Until then, the court award will increase annually at a rate of 10 percent.
While I’ve been known to hold out on paying my debts, there’s a limit to how long we can go before our debt grows beyond our budget. Maybe Jacko can set up a We Are the World type of event or song to help a worthy cause...himself.