Bank to Jacko: It's Your Last Pony Ride!

Posted Feb 26th 2008 4:32PM by TMZ Staff

Michael Jackson is going the way of many American homeowners these days, only this foreclosure is a real circus.
Jackson ranch on the auction block!
FOX 411's Roger Friedman is reporting the King of Debt has just received word from Financial Title Company, the trustee of Neverland, unless he ponies up the $24,525,906.61 he owes on the monstrous mansion by March 19, it will be put up for public sale on the steps of the Santa Barbara County Courthouse!

A search on the Santa Barbara County Recorder website confirms that a "Notice of Trustees Sale" was filed yesterday by Financial Title Company.

Friedman reports that it won't just be the house for sale either -- it'll be everything. That means all of Jacko's personal property that's still inside the house (Peter Pan, is that you?!?), appliances, fixtures, rides, games and all "merry go round type devices." The report says everything that isn't nailed down must go -- and cheap!

A call to Jackson's rep for comment was not immediately returned.

Filed under: Wacky & Weird, Celebrity Pay Dirt, Michael Jackson

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16. Only in America can someone lose their home to the auction block. And it's happening more and more with your weak economy. Canada FTW!

Posted at 5:00PM on Feb 26th 2008 by John

17. I'll buy it if it comes with the KIDDIE PORN...

Posted at 5:01PM on Feb 26th 2008 by REGIS

18. I'll take the bed.

Posted at 5:05PM on Feb 26th 2008 by Rough Daddy

19. excellent idea ME! someone needs to buy it and turn it into a camp for kids in need. personally i'm not sure if i could let my kids even walk through the doors of that house of horrors, but that is a great idea!

Posted at 5:09PM on Feb 26th 2008 by kim

20. OH YEAH!!! KIDDIE PORN!!! YEP, THATS FOR ME!!! GIMMEE, GIMMEE!!!! I DONT ACTUALLY BELIEVE THAT BUT LIKE MANY PEOPLES' COMMENTS IF I WRITE SOMETHING THAT EVOKES STRONG FEELINGS I MAY GET RESPONSES THEREBY MAKING ME FEEL LESS LONELY AND LIKE I HAVE FRIENDS!!! LOOOSERS!!!

Posted at 5:25PM on Feb 26th 2008 by YONKERS, NY

21. HIS NEW SONG NAMED " I AM AN ANOTHER VICTIM OF MORTGAGE CRISIS " WILL COMES OUT SOON TO US .

Posted at 5:30PM on Feb 26th 2008 by A FAN

22. i love michael! i hope he resolves all his problems. he's no child molestor!!!

Posted at 5:32PM on Feb 26th 2008 by j.l.

23.

*shudder* That place probably has "ghosts". Don't think that would be someplace that I would visit in the daylight, much less in the dark.

Posted at 5:35PM on Feb 26th 2008 by OCD

24. THE REAL JACKSON CURTIS 50 CENT JACKSON NEEDS TO GET THAT

Posted at 5:36PM on Feb 26th 2008 by MACK4LF

25. RUBBA RUBBA

Posted at 5:36PM on Feb 26th 2008 by Hillary Swank

26. WHAT UP 50 U NEED TO GO GET THAT NEVERLAND SPOT AND TURN IT IN TO G-UNIT LAND!!!!HAHAHAHAHAH STRIPPERS AND PORN-STARS RUNNING ALL OVER THE PLACE!!! HAHAHAHAHAHAHA

Posted at 5:37PM on Feb 26th 2008 by MACK4LF

27. What will happen to the poor animals that live there?

Posted at 5:37PM on Feb 26th 2008 by 4theanimals

28. Sounds like a perfect place for Brangelina and those odd kids they own.

Posted at 5:42PM on Feb 26th 2008 by Losers!

29. Sad to hear about his financial lows, must add though, all the comments I’ve read highlights for me the view that everyone whose left a comment is looking to put another, despite views on MJ, yes another human being down by just being cruel, I hope that one day you all don’t go through troubles that has people enjoying it as you experience them, lest we all forget that MJ has done so much more to entertain the masses as possibly as one could musically yet we all quick to down him, what comes around, goes around and one day ya’ll will remember these comments, with every looming rumour of his finances, I bet ya, he’ll still retain Neverland, what then, we turn around and insult him for doing the moonwalk? Better yet, the best, everyone’s favourite, a case he was found innocent in, wake up people, there are more important problems then hatin’ on MJ, why not focus on that rather, I’m not the biggest fan of MJs but it’s time to leave him alone in his ups an lows.

Posted at 5:52PM on Feb 26th 2008 by Observer

30. Friedman has made a living out of being wrong about Michael Jackson. Why he still works for Fox is beyond me. We have been hearing about Michael Jacksons imminent bankruptcy for the last 15 years.

Still waiting......

Posted at 6:05PM on Feb 26th 2008 by Fred Quimby

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