Dr. J Sued By Georgia Bank For Owing $200K

Wednesday October 26th, 2011

A lawsuit has been filed against NBA legend Julius Erving alleging that he owes more than $200,000 on a loan with Georgia Primary Bank, the Atlanta Journal Constitution reports.

According to the lawsuit, filed in Fulton Superior Court, The Erving Group Inc. of Atlanta was given a $1 million line of credit in 2009. The balance of that loan, $205,277 was reportedly due July 24, but has not been paid.

Irving moved to the Atlanta area in 2008, according to the paper, just two years after he purchased the Heritage Golf Club in Gwinnett County. That golf club has since been placed in foreclosure.

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