Celebrity Pay Dirt
Bank to Jacko: It's Your Last Pony Ride!

Michael Jackson is going the way of many American homeowners these days, only this foreclosure is a real circus.

FOX 411's Roger Friedman is reporting the King of Debt has just received word from Financial Title Company, the trustee of Neverland, unless he ponies up the $24,525,906.61 he owes on the monstrous mansion by March 19, it will be put up for public sale on the steps of the Santa Barbara County Courthouse!

A search on the Santa Barbara County Recorder website confirms that a "Notice of Trustees Sale" was filed yesterday by Financial Title Company.

Friedman reports that it won't just be the house for sale either -- it'll be everything. That means all of Jacko's personal property that's still inside the house (Peter Pan, is that you?!?), appliances, fixtures, rides, games and all "merry go round type devices." The report says everything that isn't nailed down must go -- and cheap!

A call to Jackson's rep for comment was not immediately returned.

Reader Comments

(Page 2 of 6) Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments

16. WHAT UP 50 U NEED TO GO GET THAT NEVERLAND SPOT AND TURN IT IN TO G-UNIT LAND!!!!HAHAHAHAHAH STRIPPERS AND PORN-STARS RUNNING ALL OVER THE PLACE!!! HAHAHAHAHAHAHA

Posted at 5:37PM on Feb 26th 2008 by MACK4LF

17. THE REAL JACKSON CURTIS 50 CENT JACKSON NEEDS TO GET THAT

Posted at 5:36PM on Feb 26th 2008 by MACK4LF

18. geezerchic....yes, well all know how he gave the young boyz wine, but I don't ever recall HIM being drunk in public , much of his behaviour is of a eccentric, was just curious what his " undiagnosed" mental illness would be called if he had it. I'm sure that medical community has names for eccentrics, was just " wondering"?

Posted at 5:00PM on Feb 26th 2008 by SO SAD

19. Only in America can someone lose their home to the auction block. And it's happening more and more with your weak economy. Canada FTW!

Posted at 5:00PM on Feb 26th 2008 by John

20. I'll buy it if it comes with the KIDDIE PORN...

Posted at 5:01PM on Feb 26th 2008 by REGIS

21. I want it, i will level it, divide it into 40 parcels, sell them for $5 million each...........

Posted at 10:57PM on Feb 26th 2008 by Algonquin

22. excellent idea ME! someone needs to buy it and turn it into a camp for kids in need. personally i'm not sure if i could let my kids even walk through the doors of that house of horrors, but that is a great idea!

Posted at 5:09PM on Feb 26th 2008 by kim

23. I'll take the bed.

Posted at 5:05PM on Feb 26th 2008 by Rough Daddy

24. ....perhaps the State could purchase the property and it could be used as a retreat for abused and exploited children.....

Posted at 6:59PM on Feb 26th 2008 by advocate

25. OH YEAH!!! KIDDIE PORN!!! YEP, THATS FOR ME!!! GIMMEE, GIMMEE!!!! I DONT ACTUALLY BELIEVE THAT BUT LIKE MANY PEOPLES' COMMENTS IF I WRITE SOMETHING THAT EVOKES STRONG FEELINGS I MAY GET RESPONSES THEREBY MAKING ME FEEL LESS LONELY AND LIKE I HAVE FRIENDS!!! LOOOSERS!!!

Posted at 5:25PM on Feb 26th 2008 by YONKERS, NY

26. HIS NEW SONG NAMED " I AM AN ANOTHER VICTIM OF MORTGAGE CRISIS " WILL COMES OUT SOON TO US .

Posted at 5:30PM on Feb 26th 2008 by A FAN

27. i love michael! i hope he resolves all his problems. he's no child molestor!!!

Posted at 5:32PM on Feb 26th 2008 by j.l.

28.

*shudder* That place probably has "ghosts". Don't think that would be someplace that I would visit in the daylight, much less in the dark.

Posted at 5:35PM on Feb 26th 2008 by OCD

29. RUBBA RUBBA

Posted at 5:36PM on Feb 26th 2008 by Hillary Swank

30. What will happen to the poor animals that live there?

Posted at 5:37PM on Feb 26th 2008 by 4theanimals

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