Mary J. Blige & Husband Sued Over $2.2 Million Loan
Pay your bills people! Mary J. Blige and her husband Kendu Isaacs were hit with a lawsuit for defaulting on $2.2 million bank loan.
According to court documents filed in New York State Supreme Court in Manhattan, which was obtained by Reuters, Signature Bank is aiming to recover the original loan amount plus $58,000 in interest from the 41-year-old singer.
The suit stems from an advance the Grammy-winning singer took out in October 2011 and allegedly failed to pay back by the agreed-upon deadline of July 2012.
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This is not the first time MJB has had money woes, last May,TD Bank filed a similar suit against her charity, the Foundation for the Advancement of Women Now (FFAWN) for allegedly failing to pay back the advance it loaned the organization.
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