Angus Cloud‘s estate is on the receiving end of a creditor’s claim after a financial institution claimed the late actor owed them money.
According to legal documents obtained by The Blast, JP Morgan Chase bank alleged that the late “Euphoria” star owed them almost $10,000 and they want to collect their payment from his estate.
The beloved 25-year-old passed away on July 31 from a drug overdose, leaving over a million dollars without a will.
Angus Cloud’s Estate Receives Creditor’s Claim For Thousands Of Dollars
In the filing, JP Morgan Chase says Cloud owed them $9,056.11 before his demise. The claim was filed on Monday, November 27, by a representative of the prestigious financial institution and was served to the late actor’s mother Lisa Cloud.
The document didn’t give much detail into how the young Hollywood star got into the debt, but they indicated that the “Decedent purchased goods and/or services” totaling the owed amount. We are guessing it is connected to credit card transactions.
The creditor’s claim comes two months after Angus’ mother filed for control of his estate, asking a judge to make her the sole executor of her son’s estate considering he died without a will.
Angus’ mom stated that he died with an estimated value of personal property at $1,000,000, adding that the net worth of his estate includes items whose “precise value is to be determined.”
“Angus Cloud was a young, successful actor, best known for his work in the HBO series “Euphoria.” Upon his passing, he was engaged in a number of agreements that require immediate oversight, management, and enforcement,” Lisa wrote in the court document.
She continued, “Based on a review of some existing agreements, (Lisa) believes Angus assigned certain rights to (a loan-out company), including, but not limited to, certain intellectual property and/or name, image, and likeness rights, as well as his rights to receive income.”
Angus Cloud’s Mom Asking To Be Administrator Of His $1 Million Estate
In addition, the bereaved mother asked the court to give her the power to negotiate brand deals and make sure he is properly being paid for acting which has already been completed. Lisa informed the court that Angus “finished an acting job shortly before his death, but may not have signed all the applicable agreements. These require the prompt attention of the Company and/or the Estate to allow the project to move forward with the requisite rights.”
She also noted that the “Euphoria” star had “several as-yet-unreleased films” that would need to be managed when the time comes. Before his shocking demise, Angus was the face of several companies. His brand endorsement deals included Puma and Alex Arigato AB, Rockstar Energy Drinks, and Ralph Lauren Polo.
His mother argued to the court that those businesses needed to be attended to by someone in his family while requesting the power to determine the remaining obligations he has to the companies as well as “negotiate amendments to the agreements to avoid claims of breach of contract, unfavorable terminations, and other economic harm to the Estate.”
Lisa also alleged that her request to have the power of the executor would help prevent fraudulent activities as several online companies started making unauthorized “print-on-demand” merchandise with his image and likeness after he died. If given the ability, his mother is ready to sue the companies and protect his image by stopping further damage.
It’s no surprise that Lisa desires to take up such responsibility given that her son was really young and didn’t have a legal partner or child at the time of his passing. He was survived by his mother and his two adult sisters, Molly Cloud Hickey and Fiona Cloud Hickey.
The late actor was found unconscious inside his Oakland residence, according to the court filing. According to reports, his mother discovered him unresponsive in a chair in his bedroom. While attempting to wake him, he fell to the floor and was unresponsive.
Tragically, after discovering her son, Lisa called 911 and attempted to revive him with CPR while an emergency dispatcher assisted over the phone. Unfortunately, when the Oakland Fire Department arrived on the scene, they confirmed him dead.
Per the autopsy reports, Angus had SEVEN different drugs in his system at the time of his death which was ruled an “accidental overdose.” His system had a lethal combination of fentanyl, cocaine, methamphetamine, benzodiazepine, and more