Kiss THAT! Prince sues debt collection agency to recover more than $116K

Prince
By: VIRGINIA SKEELS | DailyMail.co.uk

Stories of collection agencies going after debts owed by celebrities are nothing new.

But musician Prince has turned the tables on Capital Asset Protection, filing a lawsuit against the Calabasas-based company for allegedly taking more than $100,000 from his bank account.

CAP was collecting the money for a lawsuit Prince previously lost over a music production contract, according to TMZ.

Just one minute: Prince has filed a law suit to recover more than $100,000 he says was wrongly taken from his bank accountJust one minute: Prince has filed a law suit to recover more than $100,000 he says was wrongly taken from his bank account

According to the suit, Capital Asset Protection made two withdrawals from Prince’s bank accounts in June, to the tune of $105,949.14 and $10,278.94.

In documents filed on Thursday in Los Angeles County Superior Court, lawyers for the 54-year-old star say a judge vacated that original judgement in October, 2011, thereby erasing his debt to the production company.

Something to sing about: Despite his amassed wealth, Prince's lawyers weren't going to let more than $100,000 slip awaySomething to sing about: Despite his amassed wealth, Prince’s lawyers weren’t going to let more than $100,000 slip away

Prince is suing to get back his $116,228.12 … plus interest.

Prince had an estimated net worth of between $100million and $250million in 2011, according to USA Today.

He was listed in TIME Magazine’s 2010 annual ranking of the ’100 Most Influential People in the World’.

He has been in a relationship with protégée Bria Valente since 2007.

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