When the Checks Stop Coming In
Posted by Bossip Staff
Michael Jackson’s Neverland Ranch may be up for foreclosure sooner than later:
The mortgage broker trying to find refinancing for Jackson on a $23 million loan held by Fortress Investments using Neverland as security has so far come up empty. There is literally no interest from anyone in saving Jackson in this situation. If Neverland is not refinanced, Fortress can foreclose and sell the ranch at auction. Recently, Fortress laid off $300 million in loans to Jackson on HSBC. The refinancing resulted in Jackson’s paying off around $20 million in debt, but it still left him cash-strapped and unable to deal with the Neverland crisis.
Jackson has recently been living rent-free with his three children in the Palms casino in Las Vegas as a guest of the Maloof brothers. The Maloofs would be the latest hosts upon whom Jackson has mooched, following Prince Abdullah of Bahrain, dancer Michael Flatley and Prince Jefri of Brunei.
He better get his Billie Jean swagger back, and produce some stacks from this new Thriller project. Otherwise, Neverland will no longer be his. Poor thang.
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second! and wow bossip! leave him alone! gawsh!
someone put him out of his misery please, his music will always be the ish but im just tired of seeing this mans sitution and mental health decline
Im sorry but thats what he gets. Just like hammer spending obscene amount of money on a house and paintings in michaels case, will brake you. He better sell pictures of blankets face or something.
@ Maaly and Ibn, I completely agree guys. It’s sad for me to cosign but I am doing just that.
I’m with Maaly…it’s so sad to see how he appears to deteriorating right before our very eyes. He’ll be 50 years old this year and he seems to be getting worse and worse. Though he is certainly a musical genious, and that can’t be denied, I feel for him. Someone who self-mutilates like that over and over again must have a very low self-esteem. We should all be saying a little prayer for Michael.
This is truly a sad day when MJ is under the title of “When the Checks Stop Coming In” Say it aint so Mike, Say It aint so!!!
When will you have your babies?
Or get married?
Contact the celebpsychic at http://www.celebpsychic.blogspot.com
Good it was only for grooming kids anyway- look @ the state of it
It’s hard to believe he could be almost broke.
http://www.theblackactor.com
hmmm….karma
so sad.
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His poor nose.
I wonder if when he gets a cold, he can pop it off, clear his head through the hole, and then pop it back on?
His poor nose.
He’s pitiful. That’s the only word I can think of to describe him. I betcha that man has no peace of mind. No doubt he’s suffering from depression. He was more than just a superstar, he was a mega-star. Now, he’s reduced to this. I really feel sorry for him.
he sneezes and it flies across the room
@ LIB, sweetheart doesn’t he still own the Beatles catalouge or no?
@ Curly Fries, why feel sorry for a chester?
LOL @ Dalia, “His poor nose”
bonesie…he sold some of the songs to nike…more of a reason for karma to get him…he wouldnt sell them to paul mccartney…..
What in the unmanly hell is he. Wow. Once he left neverland he didn’t even look back. He don’t care. He too busy mooching off other peoples money, and looking for the next suckar.
this story is complete bull*****, just like this site. and it’s only dumb ***** black people who actually believe michael is broke. he said during his trial that he didn’t want neverland anymore since the feds trashed it, so why should he pour a single dime into it? and he’s not mooching off other people’s money; he has his own. have any of these people said that they’re paying for stuff for michael? no. he’s not stupid like other black people who wear their money in their clothes and jewelry. most of y’all up here don’t pay your bills either, and it’s because your broke. michael chooses not to pay anything on neverland because he got it like that. that’s the luxury of being rich; you can chooses to pay whatever you want. but you broke *****es wouldn’t know anything about that.
Okay. I don’t feel sorry for mike. Number one, he is a child molester. Yes I said it. Number two, everyone saw that interview he did a couple of years back. We all saw how he spent millions on the most ridiculous ***** ever, now he broke…
Sorry Chester, you gets no love from me. If your new album is hot, I might buy it. That’s about it.
I thought Micheal was working on a new CD!
only a dumb mother *****er would believe that michael is broke. but then again, americans have proven that they’re not the brightest people in the world.
michael jackson is not a child molester. if he was, they would have been able to prove it in court. period.
I get the I have worked all of my life and I am taking a break but when you are Michael Jackson and going broke it is time to start making some music for somebody. Dang does he think it is all going to pay for itself?
and you can’t say ‘he paid them off’ if you’re hollering that he’s broke, because people were claiming that he was broke back then too. either he is or he isn’t. make up your minds already.
another thing, when you have money to waste to have your entire face reconstructed then I guess I can’t feel so bad.
michael jackson, the man who owns his music as well as the beatles’, going broke? LMAO!! and you people actually believe this? LMAO!!! yeah, americans are idiots that will believe anything you tell them.
how many of you are facing eviction or foreclosure right about now? even if this is true, which it’s not, at least michael owns other homes. your broke *****es would be right on the sidewalk.
michael’s nose is dead….
okay, at everyone saying that mike aint broke. when you aint broke, you don’t just walk away from your home and let it go into for closure. you sell it if you dont’ want it to be there anymore. also, do we not remember all of the lawyers and different people that were suing him a while back? And as far as the songs go, I don’t know. Last time I heard anything about that catalog, a lot of songs had been sold from it. sooo….non of us really know for sure what his finances are but I know what it looks like.
also, for the person who said that he aint a child molester becuase they could not convict him must live on another planet. Remember OJ? Just like there are alot of wrongly convicted people, there are alot of guilty people that are able to beat the system.
@ Southern Belle, preach it girl!!
michael jackson is not a child molester. if he was, they would have been able to prove it in court. period.
do you apply this same bull***** logic to r. kelly???? hes hasnt been proven guilty in a court.
jack*****
This white man is old news.
@dayg715
I agree 100%, why are blacks so quick to trash another black person. I fail to understand why people do not real, i guess, it is true, if “you want to hide something from a black person, put it in a book”, that sad. How can Michael be broke, when he still has half of a beatle catalog thats worth 500million, not to mention, he still receives tons of royalties. Every time beatle billionaire front man Paul McCartney performs or release an album, Mike gets paid. I don’t care about the molestation accusations, that’s none of my business. All i know is the man is talented! I hope Black people stick together man.
sorry about the bad typo, i am on the train.
@ AT ANYONE WHO BELIEVES THIS BULL***** STORY, BOSSIP DOES NOT AND DID NOT DO THEIR RESEARCH ON THIS STORY, MICHEAL ISN’T BROKE, MICHEAL OWNS THE BEATLES CATALOG WHICH IS WORTH 1 BILLION DOLLARS APPOX… MICHEAL ***** NEVER PAYS HIS HIGH END BILLS, HE WAS IN DEBT FOR ALITTLE OF 250 MILLION, HE AND HIS LAWYERS TOOK MONIES FROM THAT TO PAY THAT LOAN OFF, MICHEAL HAS NOT ATTENTION OF EVER GOING BACK TO NEVERLAND, AND HE DOES OWE ON IT AND HE HAS YET PAID THE PEOPLE WHO UPKEEP THAT PLACE (THATS A WHOLE DIFFERENT STORY)… HE DOES HAVE THE WEALTH THAT, PRINCE, MADONNA AND OTHERS WHO WERE DOING THEIR THING BACK THEN BUT I’LL TAKE 500 MILLION ANY DAMN DAY OF THE WEEK. ALL BOSSIP HAS TO DO IS A LITTLE RESEARCH… DAMN, THESE *****HOLES GET PAID FOR THIS ***** THEY PUT UP…
i doubt that mj is broke.
the man has been making money since he was 11.
someone mentioned hammer…hammer apprently built a $40 million house that ended up selling for like $6 mil. mj had made more money than that about 10 years before hammer came onto the scene. there’s no comparison.
@southern belle
when you aint broke, you don’t just walk away from your home and let it go into for closure. you sell it if you dont’ want it to be there anymore.
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when you’ve got homes all over the planet, what’s one??? and sell it to who??? who would buy that place??? if he did try to sell it, he’d never get a fair price for it, simply because of what supposedly took place there. anyway mj said he didn’t want neverland. people like mj don’t have to worry about a foreclosure ruining their credit score. it’s no biggie for him to walk away.
finally, do you honestly believe that this man doesn’t have money in foreign countries that the irs can’t touch (i’m thinking swii accounts. the cayman islands)? so yeah, the irs says he’s broke, cuz as far as thier concerned, he ain’t got no maney that they can get. lol!!!
newsflash, the us is not the only place where this man is a star. even during the whole moestation case here in the US, his album, Number 1’s went to number one on the charts in the UK. mind u, it contained NO new music.
sad to see him become such a side show, though. but i doubt that he’s broke.
People, Michael got money, beleive me. The Jacksons have a way of hiding there income. These rich people in Vegas is not taking in some broke maniac. Dude probaly got his money in Europe or Switzerland. Michael know what hes doing!!
Correction ” Hiding Their income”
If MJ is no longer interested in his home, then maybe the foreclosure thing is good for him. certainly he’s not worried about a foreclosure’s effect on his credit score; his *****est can overcome whatever ‘hit’ he might suffer. Better to tag a bank with a $23 million property that’ll never sell for it’s value than to prop it up and suffer the loss oneself.
michael jackson will always b a smooth criminal owwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww whoes bad
Ok. I hear your tlatrice. However, I find it very hard to believe that he would just let his house foreclose. of course he is going to say that he doesn’t want the house anymore. you think he is going to publicly admit that he doesn’t have enough money to pay for his house?
He very well may have money all over the world like some people want to believe. But, I do believe that if his money is intact and he really just doesn’t want the house, then he would sell it. Someone would buy it. Especially some rich person who has nothing to do with their money. He may not get what he paid for it but he would at least get something. If he has all this money, then he has financial advisors and i just don’t believe that their advice would be to let it foreclose and don’t pay the bill.
And lets just say that you are right. what about all the other companies that are suing him for lack of payment? I guess he just said ‘***** it’ to all of his bills, right? I guess cause he is rich he can do that, right? I don’t think so. sorry.
He will never get his swagger back and quite frankly need to disappear, he is a pathetic self hating loser. he was great once, till he lost his mind to mental illness and trying to emulate looking like melanin, recessive, mutated, knifed up yt. go way freak!!
How yall know Mike broke, Mike ain’t broke. Where that damn monkey at? Somebody get bimboo, boo boo, bubbles or whatevea the ***** his name is and sell his *****. Mike can’t be broke!?!
take the pic of lik’ kim’s cooch down!
It’s not cool to mess with Mike.
@ Southern Belle
Someone would buy it. Especially some rich person who has nothing to do with their money. He may not get what he paid for it but he would at least get something.
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what he would get may not be worth the h*****el of trying to sell it. Then there are still the tax implications of selling a proprty like that. you’re thinking like someone who doesn’t have that kind of income. yeah he can just say “‘***** it’ on the bills. whatchoo gon’ do but get in line behind the irs!”
a lot of times, news outlets will report that a person is being sued, but they may not actually be ‘being sued’.
diiiiiiiiiiiiii-gusting! that nose is just awful! ewww…
WHAT THE F**K HAPPEN TO THIS *****HOLE? LITTLE BOYS OR MONEY
Poor thang my *****!He will NEVER be broke like “regular” people are broke. I DO believe he is a child molester and has an identity problem so F*CK HIM!!
MJ had to sell “shares” of the Beatles catalogue to counter some of his mounting debts a few years ago. He isn’t the sole ower of it anymore and if things keep going the way things are, he will lose all of it. And you best believe that Ringo, Paul and Yoko have already gathered up enough money to buy it completely off of him….if they alredy haven’t.
Completly broke, nah… but he got alot of catching up to do.
Crazy as hell, molester, nose made of play dough, transluscent skin, questionable parenting skills…yes. Broke….hell to the no!!
so sad , micheal when you started being white …your brain became dark and hollow instead.
hope you can find your way back cuz we still got love for your talent
But man, your looks are *****ed for life.
There ain’t nothing broke about mike, except for his nose.little pieces broke-off bit by bit, day by day, til there was nothing left but little flaps of skin.
now it’s broke…….
there once was a boy named mike,
when young he never owned a bike .
he could dance and sing, like everything,
but a kid he would never be……
his dad was some kind of freak.
into mikes room he’d sometimes sneak,
climb into his bed,give michael head,
and cuddle til he fell asleep……
and now that mike is a man,
his father he cannot stand
so he bought lots of toys,
to attract little boys.
to molest whenever he can……
Oh, my! Lone Poet, this poem is harsh! It does showcase your talent though….you’d be fierce on Def Poetry Jam.
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Does anyone else have any experience with this?