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Old 01-26-2016, 09:38 AM   #14
over the mountain
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Join Date: Mar 2007
Location: close to the edge
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Re: Clinton Portis files for Bankruptcy

Quote:
Originally Posted by OmahaRedskins View Post
He was on ESPN980 and explained what happened. It's a sad deal.
Yeah, I heard that radio segment as well.

1. He said he bought his mom a house paid in full. Then someone took out a mortgage/loan on it that he didnt even know about and the mortgage/loan defaulted. Czabe pressed him saying "how can you be responsible for a loan you didnt even sign or see?" ... portis said that is what he is fighting right now.

I am guessing only the people named on the home's title could take out a loan, im guessing his mom took out a loan on the house.

2. casino investment went wrong. apparently lots of star athletes on this deal but clinton was named as "primary" or something like that. he said he was the lead guy bc he was making money back then .... he is currently suing the investment dealer guy.

sad to see but not unexpected. money goes quick.
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