Nicolas Cage is the recipient of a lawsuit after allegedly failing to repay a loan.
E! Online reported that Cage is being sued for breach of contract after defaulting on the $2m (£1,255,500) loan.
Court documents stated that East West Bank extended Cage a $2m line of revolving credit in August 2007, which matured a year later.
He asked for a three-month extension, but defaulted on the loan in November 2008.
Cage allegedly stopped making his monthly payments of $11,590.82 (£7,275) in May.
He missed the October 1 deadline to pay $100,000 (£62,775) in outstanding principal sums and interest. The lawsuit was filed a day later.
Cage’s spokesperson did not reply to a request for comment.
