Celebrity News
90210 star, Brian Austin Green facing serious debt
[HMG] – Megan Fox has made some bad choices in movies [and outfits] but her former choice as a partner, Brian Austin Green, could soon find a new home on a park bench.
It seems Brian [last seen as 'David Silver' in the sudsy drama '90210' way back in 2000,] took out a $2-million loan with Sun Trust Mortgage in 2006 to buy a very nice house in the Hollywood Hills.
But he’s now over $70,000 behind in the payments, and facing foreclosure.
Court documents filed by Sun Trust on January 26, show Brian, 35, owes them $71,251.42. But his rep says this is all part of Brian’s masterful plan to unload the house.
The rep says Brian is organizing a ‘Short Sale,’ where he’ll sell the house for just below the outstanding balance. This stops the foreclosure, saves the bank money and does not trash Brian’s credit, as a foreclosure would.
The bank thereby gets a new loan on the house and both sides can move on.
But his plan had better work quick — Sun Trust has already begun the foreclosure, and can now put what is still their house up for auction whenever they want — unless he produces the $71,000 in time.
It’s not clear when the sale will occur, or if the bank gave Brian a deadline to do this. But whether it works or it doesn’t, we’ll bring you the news.
Meantime, who wants to bet Megan is laughing at this?…





