National Basketball Association

Report: Iverson's bank account seized

Published Feb. 14, 2012 12:00 a.m. ET

foxsports

A judge has signed off an order that allows an Atlanta jewelry store to recoup a six-figure debt from former NBA star Allen Iverson directly out of his bank account, TMZ reported Monday.

Iverson, 36, was sued in 2010 for allegedly not paying a $375,000 bill to Aydin & Company Jewelers.

According to court records, the longtime 76er did not respond to the lawsuit and a default judgment was issued allowing the jeweler to collect $859,896.46 for the jewelry, as well as court costs, interest and legal fees.

After Iverson still refused to pay, a Georgia judge ruled earlier this month that the store would be able to recoup its money straight from Iverson's account.

It was unclear whether the store had received the money.