Even if he owes a bundle, he still gets millions every year from the copyrights and he has estate worth millions. To all effects, he is still a very rich man, and has enough resources/money to hire the best lawyers.

http://edition.cnn.com/2004/LAW/05/28/michael.jackson.ap/index.html

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"Quincitilius Varus, give me back my legions!"
Emperor Augustus of Rome.