Celebrity News

90210 star, Brian Austin Green facing serious debt

Published on February 12, 2010 at 1:47 PM

brian - megan[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?…

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