James Brown's debt could cost him his island home

AUGUSTA - James Brown&#39;s mounting debt on an empty, unsold building in Augusta could force him out of his $400,000 Beech Island, S.C., home and more than 50 acres of land around it. <br> <br> SouthTrust Bank filed documents Monday claiming the Godfather of Soul, his trustees and James Brown Enterprises Inc. owe more than $900,000 on a former federal courthouse he bought in 2000 for $1 million. SouthTrust is the bank that sold the property. <br> <br> The filing against Brown could result in a lien being placed on other property he owns, including his Beech Island home, real estate attorneys said. <br> <br> Brown announced the purchase of the building in September 2000 and put the building up for rent or sale a year later. <br> <br> Brown owes the bank $754,544 on the property, and interest and attorneys fees make up the rest of the $914,161 debt, according to court documents. <br> <br> Brown has paid part of the debt, said attorney Albert ``Buddy&#39;&#39; Dallas. He said he couldn&#39;t give specifics. <br> <br> A SouthTrust manager declined to discuss the case and referred questions to the bank&#39;s human resources department, which didn&#39;t return a message left by Augusta Chronicle on Friday.

http://accesswdun.com/article/2002/8/191234