Michael Jackson’s Neverland in danger of foreclosure?

Michael Jackson’s Neverland in danger of foreclosure?
See More News

Thu 28 Feb 2008

[Source: NME.com] Michael Jackson’s Neverland Valley Ranch in Santa Barbara, California is in danger of being foreclosed on and sold off at an auction in March if he does not pay nearly $25 million (AUS$26.5) owed on the property.

The pop star has been formally notified of the pending foreclosure, and legal documents have been filed with the Santa Barbara County Recorder’s office, according to Fox News.

If Jackson does not pay off the loan by Wednesday 19 March, his 2,800-acre property as well as all the personal belongings and furniture inside the house will likely be auctioned off.

Jackson has reportedly spent very little time at the ranch since he was acquitted on charges of sexually abusing a boy there in June 2005.


Privacy Policy
The Wrap
See More
*Download charges may apply
Why Music Matters Certification Mark