Is Michael Jackson about to lose Neverland Ranch?
Michael Jackson's Neverland Ranch is evidently about to change ownership... if the King of Pop can't cough up around $23,000,000.
The Implode-O-meter has obtained the foreclosure and Notice of Default report for Santa Barbara County showing Neverland as one of the properties listed.
According to that document, Michael Jackson owes $23,212,963 on a $23,000,000 loan. Wowza! Evidently Jackson is $212,963 behind on loan payments.
Recent pictures posted in tabloids and on blogs show Neverland falling apart with no a kid in sight and dying shrubs as far as the eye can see.
Is there a chance that Jackson has just left Neverland to die?