Fred Goldman Net Worth, What Is His Salary Or Worth? Income Sources

Fred Goldman continues his decades-long fight against OJ Simpson for justice and reparations for the 1994 murders of Ron and Nicole Brown Simpson; an event that has played out in both criminal and civil courts.

What triggers a new legal action?

Fred Goldman remains steadfast in his efforts to enforce OJ Simpson's civil judgment for the wrongful death of Ron Goldman; in 1997, a jury ordered Simpson to pay $33.5 million; however, nearly 20 years later, it has yet to be implemented. This week, another court filing revealed that Fred is still fighting to enforce the judgment against OJ Simpson.

Now, Fred Goldman claims Simpson owes him about $96 million. With this latest legal move aimed at extending the judgment and creating a consistent payment schedule to cover the additional amount, Goldman wants an extension.

How did the liability amount increase to $96 million?

Since 1997, Simpson has been subject to interest on the original $33.5 million judgment against him; during this time frame, the amount has ballooned due to accrued interest and penalties for nonpayment, reaching nearly three times the original cost due to his minimal effort to repay the debt.

What strategies did Goldman use to maintain the verdict?

Fred Goldman used a variety of legal strategies to attempt to collect debts from Simpson. Notably, in 2007, Goldman successfully claimed ownership of “If I Did It” during bankruptcy proceedings despite Simpson making only sporadic and incomplete payments on the debt.

Why is Simpson allegedly able to pay now?

Fred Goldman alleged that Simpson may have sources of income that could satisfy his claim, such as potential pension income or money earned through signing autographs and possible public appearances helps satisfy that. This could include pension income as well as potential income from contract signing and signature gathering in which Simpson may be involved.

What action has been taken before?

Fred Goldman has repeatedly applied for an extension of the judgment. As recently as 2015, Goldman claimed Simpson was owed $57 million at the time; These regular renewals are necessary to maintain enforcement and reflect changes due to interest accrual.

What are the legal consequences of an extension?

Extending a civil judgment is a normal procedure when the judgment debtor fails to fulfill his or her obligations. The extension is intended to legally restore the creditor's right to collect the debt, while also updating any accrued penalties or interest. Fred Goldman's actions demonstrate his resolute intention to seek enforcement of the judgments made by the court.

Can Simpson argue with this innovation?

OJ Simpson can file an appeal to extend his sentence. Such an appeal may be based on arguments relating to his financial incapacity to pay the increased judgment amount or challenging the interest and penalty calculations used; any claims must be supported by relevant financial disclosure documents and could result in increased legal scrutiny of Simpson.

What does this mean for Goldmans?

The Goldman family's legal pursuit is not simply about money; they seek justice and accountability through this legal battle. The extension of the judgment not only seeks financial compensation but also serves as a constant reminder of Ron Goldman's death and demonstrates their determination to hold Simpson accountable.

The battle between Fred Goldman and OJ Simpson illustrates the difficulty and complexity involved in enforcing civil judgments against high-ranking high-net-worth individuals, especially when these judgments are lengthy. decades and involves large sums of money. It remains to be seen how this new legal effort will play out and whether its outcome will bring closure to Fred's family after two and a half decades of turmoil.