Britney’s manager faces foreclosure

by angana on Feb.05, 2009, under lawsuits, legal

Britney Spears

Britney Spears

What goes around comes around! This proverb best suits the current condition of Britney Spears’ former manager, Sam Lutfi. Lufti is in deep debt these days. His California home is to be closed down reportedly. Sam’s total debt is estimated to be around $18,000.

Lufti had filed a case of defamation and libel against Britney and her parents. Spears’ parents, Lynne and Jamie were accused of tarnishing Sam’s public profile and image. Sam reportedly owes thousands of dollars to bosses of a debt collection agency, who have issued a legal seizure on his Los Angeles property in a bid to secure the debt.

Sam is due to pay up the money by 10th February. If he fails his house will reportedly be forced into foreclosure. Other reports against Lufti reveals that Sam faces other legal cases which include a legal action from a U.S. bank over an unpaid credit card debt.

Sam Lufti had earlier filed papers at an L.A. court seeking compensation from the Spears family. Sam had accused them of “ruining his reputation” by allegedly leaking false information about his conduct to the press. Britney had filed a lawsuit against Sam and others which freed Britney to impose a temporary restraining order against Lutfi, as well as his attorney Jon Eardley, and her ex-lover Adnan Ghalib. Sam’s foreclosure blues comes just days after Britney received the legal restraining order from the court.

 

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