The recent bankruptcy filing by Jocelyn Pierce, wife of Raiders coach Antonio Pierce, has revealed that he is financially responsible for $28 million in civil judgments. According to documents obtained by TheAthletic.com, creditors have been trying to collect assets belonging to the couple, including a $23 million judgment from Nissan Motor Acceptance Corporation and a $4.5 million judgment from Hyundai Capital America. Both creditors recently attempted to garnish Antonio Pierce’s wages with the Raiders, leading to the bankruptcy filing.
The judgments seem to stem from investments made in car dealerships in the 2010s, with personal guarantees made by Antonio Pierce. When the businesses defaulted on their loans, lenders obtained judgments against those who had guaranteed the debts, including Antonio Pierce. Jocelyn Pierce has until July 12 to provide accurate information about the couple’s assets while caring for their home and children.
It is unclear why Jocelyn Pierce filed for bankruptcy if Antonio Pierce is the one who owes the money. This situation is rare in the NFL, as it is uncommon for a head coach to be involved in legal issues related to such large debts. While bankruptcy laws may provide some protection, this could create significant challenges for Antonio Pierce as he embarks on his first full season as an NFL head coach.
Following a key mistake in the previous game and struggles at the plate, New York…
Dave Portnoy, the founder of Barstool Sports, recently made headlines by placing a $200,000 bet…
Mets right-hander Drew Smith experienced forearm tightness while playing catch on Wednesday afternoon and is…
A recent economic impact report revealed that Acrisure Arena near Palm Desert had a significant…
Sabrina Ionescu and the New York Liberty have had an impressive start to the WNBA…
It appears that the world tour is not ruined, and Justin Timberlake's marriage is still…