independent and unofficial
Prince fan community site
Fri 24th Oct 2014 7:42am
Welcome! Sign up or enter username and password to remember me
Forum jump
Forums > Prince: Music and More > Prince Sues Debt Collector Owes ME $116K
« Previous topic  Next topic »
Page 1 of 4 1234>

This is a "featured" topic! — From here you can jump to the « previous or next » featured topic.

  New topic   Printable     (Log in to 'subscribe' to this topic)
Author

Tweet     Share

Message
Thread started 10/20/12 8:51am

ARock

avatar

Prince Sues Debt Collector Owes ME $116K

Prince just filed the most awesome lawsuit against a collection agency -- 'cause, for a change, he's going after them to get back more than $100,000 the agency allegedly jacked from his bank account.

According to the suit ... Capital Asset Protection made two withdrawls from Prince's bank accounts back in June in the amount of $105,949.14 and $10,278.94.

CAP was collecting the money for a lawsuit Prince previously lost over a music production contract.

But in the new documents, filed Thursday in L.A. County Superior Court, Prince says a judge vacated that original judgement in October, 2011 ... thereby erasing his debt to the production company.

So, according to the suit, CAP collected on a debt that didn't exist. Oops.

Prince is suing to get back his $116,228.12 ... plus interest.

Baby, he's a star.

  - E-mail - orgNote - Report post to moderator
Reply #1 posted 10/20/12 9:06am

ufoclub

avatar

I really want to know how this goes.

30 seconds of spooky music with a real harp and banging pots and pans: https://soundcloud.com/uf...-phenomena

VIDEO WORK: http://sharadkantpatel.com
MUSIC: http://www.soundcloud.com/ufoclub1977
  - E-mail - orgNote - Report post to moderator
Reply #2 posted 10/20/12 9:13am

rdhull

avatar

lol

Roger Ebert:rest in peace
  - E-mail - orgNote - Report post to moderator
Reply #3 posted 10/20/12 9:49am

HonestMan13

avatar

I give it about 30 minutes before some orger starts crying about $77 & a tee shirt.
When eye go 2 a Prince concert or related event it's all heart up in the house but when eye log onto this site and the miasma of bitchiness is completely overwhelming!
  - E-mail - orgNote - Report post to moderator
Reply #4 posted 10/20/12 10:10am

udo

avatar

Interesting, for once P does not owe $$$.

That sum is less than 10% of his concert earnings. (per halfway decent show)

.
  - E-mail - orgNote - Report post to moderator
Reply #5 posted 10/20/12 10:13am

ARock

avatar

HonestMan13 said:

I give it about 30 minutes before some orger starts crying about $77 & a tee shirt.

lol lol lol

  - E-mail - orgNote - Report post to moderator
Reply #6 posted 10/20/12 10:28am

Jamzone333

avatar

HonestMan13 said:

I give it about 30 minutes before some orger starts crying about $77 & a tee shirt.

But, I really DIDN'T get my t-shirt.... giggle

"A united state of mind will never be divided
The real definition of unity is 1
People can slam their door, disagree and fight it
But how U gonna love the Father but not love the Son?
United States of Division"
gigglebowfroguitar
  - E-mail - orgNote - Report post to moderator
Reply #7 posted 10/20/12 11:37am

KCOOLMUZIQ

avatar

How dare they take money from the Purple account! eye know Prince was pissed off..

princes like a "ACT OF GOD" N another realm.Of all people who might b aliens,angels.if found out prince wasn't of this earth, eye would not b surprised,"What's happening now is the position eye always wanted 2b N, eye was just tryin 2 get here" Says prince
  - E-mail - orgNote - Report post to moderator
Reply #8 posted 10/20/12 3:18pm

ecstasy

avatar

Finally!

Yes, at 19, I finally saw the Revolution, a legendary band. And I talked to Wendy!!! biggrin In addition to seeing Prince, I have now lived life. Thank you Purple People!!
  - E-mail - orgNote - Report post to moderator
Reply #9 posted 10/20/12 4:00pm

funksterr

How could Prince owe money because of a "music production contract"??? hmmm

  - E-mail - orgNote - Report post to moderator
Reply #10 posted 10/20/12 5:06pm

rap

ARock said:

Prince just filed the most awesome lawsuit against a collection agency -- 'cause, for a change, he's going after them to get back more than $100,000 the agency allegedly jacked from his bank account.

According to the suit ... Capital Asset Protection made two withdrawls from Prince's bank accounts back in June in the amount of $105,949.14 and $10,278.94.

CAP was collecting the money for a lawsuit Prince previously lost over a music production contract.

But in the new documents, filed Thursday in L.A. County Superior Court, Prince says a judge vacated that original judgement in October, 2011 ... thereby erasing his debt to the production company.

So, according to the suit, CAP collected on a debt that didn't exist. Oops.

Prince is suing to get back his $116,228.12 ... plus interest.

Baby, he's a star.

Good photo, for those who continually bang on about how he is ageless!1

  - E-mail - orgNote - Report post to moderator
Reply #11 posted 10/20/12 5:13pm

friend2001

You dont think Prince has to pay for anything or has deals in the production of his craft? Or are you referring to the Prince rule of no contracts? If you believe that............

funksterr said:

How could Prince owe money because of a "music production contract"??? hmmm

  - E-mail - orgNote - Report post to moderator
Reply #12 posted 10/20/12 5:22pm

SuperSoulFight
er

ufoclub said:

I really want to know how this goes.


I really don't. Why is it that this man only gets in the news making lawsuits and not making records?
There was music in the cafes at night and revolution in the air
  - E-mail - orgNote - Report post to moderator
Reply #13 posted 10/20/12 5:56pm

babynoz

avatar

funksterr said:

How could Prince owe money because of a "music production contract"??? hmmm

Didn't he get sued by the engineer who mixed lotusflower? I think I read that here a while back.

"Information is abundant, but wisdom is scarce."
  - E-mail - orgNote - Report post to moderator
Reply #14 posted 10/20/12 6:39pm

luv4u

Moderator

avatar

moderator

Edmonton, AB - canada

"hush nubbits" !
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
  - E-mail - orgNote - Report post to moderator
Reply #15 posted 10/20/12 6:56pm

PurpleChi

avatar

HonestMan13 said:

I give it about 30 minutes before some orger starts crying about $77 & a tee shirt.

And if they do are they wrong? The reality is people did pay their hard earned money and did not get what was promised to them. Should Prince be excused from holding up his end of the bargain because he's Prince? Surely he doesn't want someone taking money from him (and rightfully so). Let's be clear. $116K is probably to Prince what $77 is to the average working person. This may just be karma.

  - E-mail - orgNote - Report post to moderator
Reply #16 posted 10/20/12 6:57pm

funksterr

friend2001 said:

You dont think Prince has to pay for anything or has deals in the production of his craft? Or are you referring to the Prince rule of no contracts? If you believe that............

funksterr said:

How could Prince owe money because of a "music production contract"??? hmmm

I can't imagine Prince signing contracts for any reason, least of all music prouction. I am also surprised that Prince hadn't better hidden his accounts so that they would be shielded from debt collectors. He is sued so often, I would have expected he'd be more of a pro at dodging collectons.

  - E-mail - orgNote - Report post to moderator
Reply #17 posted 10/20/12 7:24pm

ARock

avatar

Prince had an estimated net worth of between $100million and $250million in 2011, according to USA Today.

^ that was in the Mail Online link luv4u posted. I did not know that! eek

  - E-mail - orgNote - Report post to moderator
Reply #18 posted 10/20/12 7:48pm

thedance

avatar

imho:

Prince should care less about his $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$..... confused

Isn't he a bit greedy?

He is a material guy, right?

There's so many, and much more important things in life than $$$$$$$$$$$$$$.

A good health just to name 1 thing which is far more important.

and: Peace, love and happiness.

But of course if money is what makes Prince happy, then okay.

It just seems a bit "poor" to me.. if $$$$$$$$$$$$$$$$$$ is what is "driving" your world..

Prince should care more about the "soft values" in life.

this is from my/ a european's point of view, I suppose in the US it is okay to care a lot for $$$$$$$$$$$$$$$$$$$.

still, $$$$$$$$$$$$$$$$ is not the most important in life if you ask me. wink

Let 2014 be purple:

I can't wait for the remaster! heart
  - E-mail - orgNote - Report post to moderator
Reply #19 posted 10/20/12 7:49pm

teachvt

Come on! Is this the same guy who owed taxes for how many years? Maybe his "management" is so happy to be the plaintiff in a lawsuit? Amazing!
I agree with purplechi- it must be about $77 to the average person! Maybe it is the principle???
  - E-mail - orgNote - Report post to moderator
Reply #20 posted 10/20/12 7:53pm

ladyleap2u

thedance said:

imho:



Prince should care less about his $$$$$..... confused




Isn't he a bit greedy?



He is a material guy, right?



There's so many, and much more important things in life than $$$$$.




A good health just to name 1 thing which is far more important.



and: Peace, love and happiness.



But of course if money is what makes Prince happy, then okay.




It just seems a bit "poor" to me.. if $$$$$ is what is "driving" your world..



Prince should care more about the "soft values" in life.



this is from my/ a european's point of view, I suppose in the US it is okay to care a lot for $$$$$.



still, $$$$$ is not the most important in life if you ask me. wink

  - E-mail - orgNote - Report post to moderator
Reply #21 posted 10/20/12 8:18pm

luv4u

Moderator

avatar

moderator

It's making the rounds............

http://www.complex.com/mu...rieve-116k

Edmonton, AB - canada

"hush nubbits" !
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
  - E-mail - orgNote - Report post to moderator
Reply #22 posted 10/20/12 8:23pm

ARock

avatar

thedance said:

imho:

Prince should care less about his $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$..... confused

Isn't he a bit greedy?

Yes 100k is nothing to Prince, but I think its the principle of the matter. They took money that they should not have. I think any person who prides their empire no matter how rich would fight it.

I think they figured "Hey he wont notice if we took an extra 100k"

[Edited 10/20/12 20:25pm]

  - E-mail - orgNote - Report post to moderator
Reply #23 posted 10/20/12 10:17pm

theblueangel

avatar

SuperSoulFighter said:

...Why is it that this man only gets in the news making lawsuits and not making records?

Because he doesn't make records anymore, aside from the occasional download or single released in Europe.

No confusion, no tears. No enemies, no fear. No sorrow, no pain. No ball, no chain.

Sex is not love. Love is not sex. Putting words in other people's mouths will only get you elected.

Need more sleep than coke or methamphetamine.
  - E-mail - orgNote - Report post to moderator
Reply #24 posted 10/21/12 12:50am

onecrush

avatar

theblueangel said:

SuperSoulFighter said:

...Why is it that this man only gets in the news making lawsuits and not making records?

Because he doesn't make records anymore, aside from the occasional download or single released in Europe.

That's a little extreme aint it? His last album "20TEN" came out in, well, 2010. That's only 2 years ago. He may not release albums as often as he once did but a 2 yr gap is hardly not making records anymore!!! smile

[Edited 10/21/12 0:52am]

Homer Simpson: "I call the big one Bitey"!!
  - E-mail - orgNote - Report post to moderator
Reply #25 posted 10/21/12 1:12am

udo

avatar

BTW: What court case was this debt about?

Where can we read more about this?

.
  - E-mail - orgNote - Report post to moderator
Reply #26 posted 10/21/12 4:18am

fielder

ARock said:

thedance said:

imho:

Prince should care less about his $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$..... confused

Isn't he a bit greedy?

Yes 100k is nothing to Prince, but I think its the principle of the matter. They took money that they should not have. I think any person who prides their empire no matter how rich would fight it.

I think they figured "Hey he wont notice if we took an extra 100k"

[Edited 10/20/12 20:25pm]

I would agree with this if he paid his bills but there are countless examples of Prince never paying his bills until he is sued. Many of these by small independent companies that are depending on his $ not too mention when he doesn't pay his taxes those are the residents and students of Chanhassen that he is screwing over.

On top of that as mentioned he basically stole $77 from almost everyone here.

  - E-mail - orgNote - Report post to moderator
Reply #27 posted 10/21/12 4:56am

udo

avatar

fielder said:

On top of that as mentioned he basically stole $77 from almost everyone here.

yeahthat

metoo!

.
  - E-mail - orgNote - Report post to moderator
Reply #28 posted 10/21/12 7:56am

Graycap23

fielder said:

On top of that as mentioned he basically stole $77 from almost everyone here.

Yep.

  - E-mail - orgNote - Report post to moderator
Reply #29 posted 10/21/12 10:21am

HonestMan13

avatar

fielder said:

ARock said:

Yes 100k is nothing to Prince, but I think its the principle of the matter. They took money that they should not have. I think any person who prides their empire no matter how rich would fight it.

I think they figured "Hey he wont notice if we took an extra 100k"

[Edited 10/20/12 20:25pm]

I would agree with this if he paid his bills but there are countless examples of Prince never paying his bills until he is sued. Many of these by small independent companies that are depending on his $ not too mention when he doesn't pay his taxes those are the residents and students of Chanhassen that he is screwing over.

On top of that as mentioned he basically stole $77 from almost everyone here.

So everyone else is entitled to call foul but Prince should be above it all and let it ride?

When eye go 2 a Prince concert or related event it's all heart up in the house but when eye log onto this site and the miasma of bitchiness is completely overwhelming!
  - E-mail - orgNote - Report post to moderator
Page 1 of 4 1234>
  New topic   Printable     (Log in to 'subscribe' to this topic)

This is a "featured" topic! — From here you can jump to the « previous or next » featured topic.

« Previous topic  Next topic »
Forums > Prince: Music and More > Prince Sues Debt Collector Owes ME $116K