The singer faces losing Californian home
Wednesday, 27 February 2008
Michael Jackson's famously extravagant home, the Neverland Ranch, will be put up for public auction if the singer doesn't pay more than $24 million, according to a court filing.
Financial Title Co. filed the notice of trustee's sale on Tuesday. If the financially troubled singer cannot pay off the loan, the auction will take place on March 19 at the Santa Barbara County courthouse.
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How to deal misfortunes in life? Well, it is normal that sometimes we are the winner and it happens that we become the loser. Michael Jackson has just announced an auction like lots going on the block are the gates to his famous Never Land Ranch, and the white glove that he famously wore in the "Billy Jean" video. The Never Land Ranch nearly slipped into foreclosure, and he recently settled a lawsuit out of court.
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