Michael Jackson's debts have been paid

TMZ reported that Michael Jackson's estate has made a fortune since the singer's death it's nearly paid off $500 million in debt the King of Pop left behind when he died. All of MJ's debts have been paid, except the debt involving Michael's publishing catalog and executors expect that will be fully paid off by the end of the year.

It's not only good news for the Estate lawyers who have been handling all the legal and business affairs fees exceeded $13.6 MILLION! However, there are still some unresolved creditors' claims and several lawsuits to clear up.

Posted in: Celebrity,dead,Michael Jackson,singer,tmz