Eddy Curry defaulted on a $570,000 personal loan he took out in Nevada at nearly 85% annual interest, to help support his $17,000-per-month lifestyle.

Curry's debt has ballooned to $1.2 million total.

On Friday, a Manhattan court ordered Curry to pay down the debt with $75,000 monthly payments.  The court also allowed the Las Vegas lender to take possession of three of Curry's cars.

Curry's lawyer said the two sides had reached "a mutually satisfactory resolution of the matter" that would make the court action moot.