Cha-Ching: Prince Sues Debt Collector For $116K
Prince, who is arguably one of the most attractive men and performing artists in the world, has reminded us of why he is an extraordinary person. Ok, not really…
In a strange twist of things, Prince is suing a collection agency for more than $116, 000. The agency, Capital Asset Protection, made two withdrawals from Prince’s bank account this summer in the amount o f$105, 949.14 and $10, 278.94.
The collection agency was collecting the money for a lawsuit Prince previously lost over a music production contract; however, in the new documents filed Thursday in L.A. County Superior Court, Prince says a judge vacated that original judgement in October 2011, which erased his debt to the production company. In essence, Capital Asset Protection collected a debt that didn’t exist.
Prince is suing to get back his $116,228.12 … plus interest.