Mary J. Blige Faces Lawsuit for Defaulting on Loan - Rolling Stone
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Mary J. Blige Faces Lawsuit for Defaulting on Loan

Signature Bank seeks original $2.2 million, plus interest

Mary J. BligeMary J. Blige

Mary J. Blige

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Mary J. Blige and her husband have been slapped with a lawsuit by Signature Bank alleging they defaulted on a $2.2 million bank loan, Reuters reports.

According to documents filed in a New York court in Manhattan, the bank is seeking the original amount of the loan plus $58,000 in interest. The suit says that Blige and her husband Martin Isaacs took out the loan in October 2011 and defaulted in July 2012. 

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Blige’s publicist did not comment on the suit, nor did her attorney return a request for comment.

Earlier this year, Blige found herself in the middle of another financial predicament when her charity, the Foundation for the Advancement of Women Now,was hit with two lawsuits over unpaid bills. A group of 30 artists claimed that after performing at a May 2011 benefit for FFAWN, the check they received bounced; FFAWN was also sued by TD Bank, which said the charity defaulted on a loan that was supposed to be paid at the end of 2011.

In This Article: Debt, Lawsuit, Mary J. Blige


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