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Monsour debts exceed $1.5M

By Richard Gazarik
Saturday, March 30, 2013, 12:01 a.m.
 

Well-known Ligonier Township physician William “Boone” Monsour has told federal bankruptcy officials he is more than $1.5 million in debt, according to court records.

This week, Monsour filed paperwork listing assets of $753,926 and liabilities of $1.537,524.

He filed for bankruptcy Feb. 28 to block the sheriff's sale of his 54-acre estate on Shawnee Lane, records show.

Though Monsour reported earning $9,000 a month, court records reveal he was spending more than that each month.

Monsour, whose phone number is unlisted, could not be reached for comment. Calls to his office and cell phone went unanswered.

Monsour is the son of Dr. Howard Monsour, one of four brothers who founded the now-defunct Monsour Medical Center in Jeannette. The hospital limped through years of internal strife and financial woes before finally being shuttered by the state in 2006.

In his bankruptcy filing, William Monsour, 54, told the court he may have potential future income from a personal injury claim against his brother Michael, who police said bit off the tip of his nose during a family gathering on New Year's Eve 2011.

Monsour also lists ownership in several medical and nonmedical businesses. He runs Pri-Med Care in Ligonier, Wellness Weight Loss Center, Respircare Corp., and a construction company called WJM Enterprises, according to court records.

By filing for bankruptcy, he automatically stops creditors from trying to collect money he owes and can continue living at his residence until the case is resolved.

Monsour's major debts include mortgages on his Ligonier Township home for $656,000 and another on a Greensburg area residence for $108,000, according to court records.

The fleet of vehicles he owns includes a 1987 Porsche valued at $16,500; a Porsche Carrera listed for $2,100; a 1952 Cadillac, a 1965 Mercedes Benz and a pickup truck, records show.

He lists 6 percent ownership in Westmoreland Priority LLC, a company formed by his father and his brother, Michael, that holds $35 million in debt from the Monsour Medical Center.

Michael Monsour, 60, of Pittsburgh was the last CEO of the medical center. He faces trial in June on charges of simple assault and harassment in connection with the nose-biting incident.

In an unrelated case, Westmoreland County Detectives continue to investigate the drug overdose death of 25-year old Mia Vottero of Southwest Greensburg, whose body was found in William Monsour's home last fall.

The coroner listed the cause of her death as acute drug toxicity, but the manner of death remains under investigation.

Richard Gazarik is a staff writer for Trib Total Media. He can be reached at 724-830-6292 or at rgazarik@tribweb.com.

 

 
 


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