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Unpaid Loan

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entertainment1 year ago

Chris Brown Faces Asset Seizure for Unpaid $2M Bank Loan Used to Purchase Popeyes Franchises

R&B star Chris Brown and his fellow investors are facing potential asset seizure after defaulting on a $2 million bank loan used to open two Popeyes franchises. A court in California has ordered Brown to personally pay over $1.3 million to City National Bank, with the possibility of assets being seized if he fails to respond within 30 days. This adds to Brown's ongoing legal issues, including a lawsuit for allegedly assaulting a man in London and a history of legal troubles dating back to 2009.