The spouse of Las Vegas Raiders head coach Antonio Pierce filed for chapter earlier this month after it was found that the previous NFL participant was chargeable for money owed amounting to greater than $28 million, in response to a number of reviews.
The Las Vegas Review-Journal reported Tuesday that Jocelyn Pierce filed the petition in Arizona, the place she is a resident, on June 12 to be able to “shield her property and people of the marital neighborhood” after a collection of failed investments in automotive dealerships within the early 2010s resulted in collectors searching for to gather judgment from the couple.
Head coach Antonio Pierce of the Las Vegas Raiders attends a information convention throughout necessary minicamp on the Las Vegas Raiders Headquarters/Intermountain Healthcare Performance Center on June 13, 2024 in Henderson, Nevada. (Ethan Miller/Getty Images)
“In the 2010s, Mr. Pierce was satisfied to spend money on automotive dealerships,” court docket paperwork obtained by the outlet said.
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“Despite his function as a mere passive investor with no oversight or administration of the companies’ affairs, Mr. Pierce was requested to signal varied paperwork. Although the Debtor has no direct information of the occasions, private ensures have been later produced bearing Mr. Pierce’s title. When a number of of the companies defaulted on their loans, the lenders obtained judgments in opposition to the companies and Mr. Pierce as a guarantor.”
Documents reviewed by The Athletic went on to state that the 2 lenders, Nissan Motor Acceptance Corporation and Hyundai Capital America, every maintain a judgment in opposition to Pierce for $23 million and $4.5 million, respectively.
Antonio Pierce and Jocelyn Pierce attend the thirteenth Annual NFL Honors at Resorts World Theatre on February 08, 2024 in Las Vegas, Nevada. (Jeff Kravitz/FilmMagic)
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They reportedly tried to grab Pierce’s wages with the Raiders to fulfill that debt, prompting Jocelyn to file for chapter.
She was granted an extension till July 12 to offer extra paperwork after claiming that she didn’t signal any ensures on the mortgage and was pressured to shortly file the declare after the lenders tried to gather it.
Tom Telesco and Antonio Pierce (R) attend a information convention introducing Telesco as the overall supervisor and Pierce as the pinnacle coach of the Las Vegas Raiders as their households, together with Pierce’s spouse Jocelyn Pierce (L), look on within the entrance row on the Las Vegas Raiders Headquarters/Intermountain Healthcare Performance Center on January 24, 2024 in Henderson, Nevada. (Ethan Miller/Getty Images)
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Pierce, 45, joined the Raiders in 2022 because the linebackers coach. The following yr, he was named interim head coach after Josh McDaniels was fired. He was formally named head coach in January.
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