Adrian Peterson Ordered to Turn Over Assets
Adrian Peterson Ordered to Turn Over Assets
Adrian Peterson Ordered to Turn Over Assets
News summary

Adrian Peterson, the former NFL running back, has been ordered by a Texas judge to surrender personal assets to cover a debt exceeding $12 million. This debt originated from a $5.2 million loan taken out in 2016, which grew significantly due to interest and fees following a lawsuit from a Pennsylvania lending firm. A court-appointed receiver, Robert Berleth, has been authorized to inventory Peterson's assets at his home in Missouri City, Texas, with constables present to maintain order. Peterson's legal team previously sought to prevent the sale of his memorabilia, including his 2007 Rookie of the Year trophy, which was allegedly up for auction without his consent. Peterson has publicly denied authorizing the auction and claims he is financially stable, but he faces challenges in concealing assets. The court's actions reflect ongoing efforts to resolve the long-standing financial issues surrounding Peterson's loans and assets.

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