Chris Brown Faces Potential Property Loss Over Unpaid $2M Popeyes Restaurant Debt

Chris Brown, the R&B star, finds himself entangled in a legal battle concerning an unpaid debt linked to an investment in fast-food ventures. Recent developments indicate that he may risk losing his property and assets to settle the substantial sum owed.

Last year, City National Bank of Georgia initiated legal action against Chris Brown in California, alleging default on a loan he and several associates, including The-Dream, procured for the acquisition of two Popeyes restaurants. Despite their aspirations, the venture failed to materialize, leaving the debt unsettled.

According to a report by BNN on March 3, a Los Angeles court issued an order demanding Chris Brown to address the outstanding debt totaling $1,760,654.11 within 30 days. Failure to comply may result in the seizure of his assets as a means of repayment.

The court’s filing emphasized the severity of the situation, stating that enforcement measures could entail the garnishment of wages and seizure of property without further notice if the debt remains unresolved.

Despite multiple attempts by the bank since 2018 to recover the loan, Chris Brown’s outstanding balance, including interest, amounts to $2,140,901.74 as per court documents dated February 17, 2023.

This legal predicament adds to a series of challenges Chris Brown faces, including an ongoing $71 million lawsuit for a dog attack incident involving his former housekeepers.