Friday, August 17, 2012

Chad Johnson Facing Foreclosure


Things are going from bad to much worse for Chad Johnson. First he lost his wife, then he lost his job and now he's about to lose his condo in Miami...

According to Gossip Extra Chad hasn't paid the $863 a month maintenance fee on his condo since 2009 and was just notified if he doesn't make good on the $31,000 balance the apartment is headed for foreclosure.

And that's not all.

To make ends meet Chad accepted a $150,000 loan from two private investors in Palm Beach and had to use a $350,000 house he bought one of his baby mamas for collateral!