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Hogan Seeks Share Of Marital Assets

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Published: March 11, 2009

Three months after Linda Bollea was given $400,000 from the frozen assets of her estranged husband Hulk Hogan to pay attorneys' fees, it appears Hogan wants some of that money, too.

On Monday, attorneys for Hogan, whose real name is Terry Bollea, filed documents asking that Hogan be given $300,000 from the frozen assets.

A hearing on the matter is scheduled for 1:30 p.m. Thursday.

In December, when Linda Bollea was granted her money, Hogan's frozen assets were said to total roughly $7 million.

In the paperwork filed Monday, Hogan said he had back surgery on Feb. 28 and is not expected to work for an extended period of time. No income is projected for this year.

Hogan says in the paperwork that, in accordance with court orders, he has been paying roughly $60,459 a month for a year in temporary alimony payments to Linda, coupled with expenses associated with the mansion where she lives.

That amount does not include the $296,316 he has paid for insurance and taxes, along with other expenses, the paperwork says.

Nor does it include the $2.48 million he has incurred in attorneys fees, the paperwork said.

Attorneys were hired to defend Hogan's son, Nick Bollea, against criminal charges that resulted from an Aug. 26, 2007, car wreck that left Nick Bollea's passenger, John Graziano, with brain damage. Attorneys were also hired to defend Hogan against an ongoing civil suit filed by Graziano's guardian. And they were hired to represent Hogan after Linda filed for divorce.

In the court documents, Hogan says his expenses, which include support of his mother Ruth Bollea, come to roughly $35,547 a month.

"Husband has at this time only $410,985.84 remaining in his bank account and has accounts payable in the amount of $312,686.35," the paperwork says. "Husband will not be able to pay the aforesaid accounts payable, and both the court-ordered expenses and his own living expenses in the coming months unless he is allowed to withdraw monies from the parties' frozen funds."

Reporter Stephen Thompson can be reached at (727) 451-2336.

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