Julius Erving Faces $200K Lawsuit From Georgia Bank

By
10/26/2011 09:22 PM ET

Julius Erving says he’s broke after a bank filed a lawsuit against the former pro basketball star claiming he owes more than $200,000.

Georgia Primary Bank filed the lawsuit in Fulton Superior Court on Oct. 18 against the 61-year-old and his corporation, The Erving Group Inc. of Atlanta.

The Atlanta Journal-Constitution reports the lawsuit says his company was given a $1 million line of credit in April 2009, which was due the following April. It says a balance of $205,277.84 has not been paid.

Erving, better known as Dr. J, purchased the Heritage Golf Club in suburban Atlanta in 2006. The club went into foreclosure last year.

Julius was a member of the NBA champion 1983 Philadelphia 76ers and earlier won two ABA titles. The newspaper’s calls to his attorneys were not immediately returned.

Julius Erving Related Tweets On Twitter

Follow Us

Social

FacebookAdd our Facebook page to receive updates and participate in new tools and features. It's a great way to stay connected with all the latest news.

TwitterReceive daily bite-sized updates by following us on Twitter. Receive Tweet-sized 140-character updates on your mobile phone device or PC.

RSSSubscribe to our daily RSS feed to get the latest national news stories. We offer a feed for every topic including business, entertainment, health, politics, science & technology, travel and more.

Sports News