A recent bankruptcy filing by Raiders coach Antonio Pierce’s wife, Jocelyn Pierce, has raised questions about his financial responsibility for $28 million in civil judgments. The filing indicates that creditors have attempted to collect assets from the couple, including a $23 million judgment by Nissan Motor Acceptance Corporation and a $4.5 million judgment by Hyundai Capital America.
It is unclear why Jocelyn filed for bankruptcy if Antonio is the one who owes the money, but this development presents a unique challenge for an NFL head coach. Antonio’s investments in car dealerships in the 2010s resulted in personal guarantees, and when these businesses defaulted on their loans, lenders obtained judgments against those, including Antonio Pierce.
The situation could quickly escalate into a major headache for the coach as it may complicate his first full season as an NFL head coach. Despite the protections offered by bankruptcy laws, it remains to be seen how this legal issue will impact his ability to lead the team effectively.
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