Michael Jackson has defaulted on a $23 million loan and the holder has put him on notice. He has 90 days to pay the full amount — $23 million plus $212,963.83 in interest — or he will lose his Neverland Ranch. The papers were filed in Santa Barbara County on Oct. 22.
Saturday, October 27, 2007
Michael Jackson 90 Days From Losing Neverland
Michael Jackson has defaulted on a $23 million loan and the holder has put him on notice. He has 90 days to pay the full amount — $23 million plus $212,963.83 in interest — or he will lose his Neverland Ranch. The papers were filed in Santa Barbara County on Oct. 22.
