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Former NY Knicks point guard’s condo in foreclosure

A property of former NBA star Stephon Marbury in New York City might be lost in a foreclosure due to a debt that has accumulated  since 2010, according to a report published on Wednesday, September 18.

According to the legal documents filed by the U.S. Bank International, the former New York Knicks point guard currently has an unsettled debt of $844,035 on his condo in New York. The bank is now seeking to foreclose Marbury’s property after he has failed to make a payment on his condo since March 2010. Stephon bought the two-bedroom and two-bath property that cost more than $1 million in 2006.

Stephon also had a property in Los Angeles that was foreclosed on last year.

The legal team at Greenway Bankruptcy Law, LLC, understands how frightening it is for Birmingham homeowners to face the prospect of losing their home to foreclosure. If you are in this situation, call us at (205) 324-4000 to find out how you might be able to prevent this from happening.

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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

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