Katherine Jackson May Have Screwed Herself

Katherine Jackson May Have Screwed Herself

Originally posted 44 minutes ago by TMZ Staff

Katherine Jackson's quest for money may have just cost her dearly ... because TMZ has obtained legal papers from a South Korean newspaper that is going after everything she makes ... until she pays off a $13 million debt.

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Segye Times, a South Korean newspaper, filed papers with the Michael Jackson estate, informing the court it got a judgment against Katherine in 1994 for $4 million. That's when the newspaper advanced Katherine, Joe and Jermaine $5.5 million for a series of Jackson family concerts that never took place.

Segye claims with interest the judgment now exceeds $13 million, and it wants an order from the judge forcing the estate to pay Segye any money the estate might pay Katherine.

Now here's how Katherine screwed herself. By making all the deals she's been making -- for books, gala events and such -- she's made it clear to the world her goal is to roll in dough and Segye has taken notice.

Wow but the thing is all the concerts that were cancelled, Michael was the one that cancelled them since something was always happening to the point that he couldn't do a concert. He was always going tot the hospital and such so how are the family responsible for that if Michael was the one that cancelled all those concerts?

nancydoodle wrote:

Wow but the thing is all the concerts that were cancelled, Michael was the one that cancelled them since something was always happening to the point that he couldn't do a concert. He was always going tot the hospital and such so how are the family responsible for that if Michael was the one that cancelled all those concerts?

IDK i guess since he is "dead" it has to look like they are getting the backlash of it all..

Pretty much because I was thinking what is going to happen when Michael cancels all those concerts other people worked hard to put together, like where does all that money go? You know like maybe the fans could get their money back or something but Michael had to think what would happen to that money whenever he cancelled a concert you know.

nancydoodle wrote:

Pretty much because I was thinking what is going to happen when Michael cancels all those concerts other people worked hard to put together, like where does all that money go? You know like maybe the fans could get their money back or something but Michael had to think what would happen to that money whenever he cancelled a concert you know.

i don't remember hearing about refunds but sure they did..