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

2/26/2008 6:32 PM PST BY TMZ STAFF

Michael Jackson is going the way of many American homeowners these days, only this foreclosure is a real circus.

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.
80 COMMENTS

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31.

Just Die Already    

RUBBA RUBBA

2395 days ago
32.

cbee    

What will happen to the poor animals that live there?

2395 days ago
33.

Boxy Roxy    

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

2395 days ago
34.

Observer    

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.

2395 days ago
35.

Fred Quimby    

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......

2395 days ago
36.

Hartrose    

All you haters out there need to read the book Michael Jackson Conspiracy. They did this man wrong, Find out for your self, if you can read the all crap that has brought this man down, Then read the truth of what they really had on him. This book tells it all, and it is by someone that thought he should have been locked up. It is sad that he may lose his home over lies and greed. What a shame that people will stand by and hope this man will lose it all, just so they can have a laugh.

2395 days ago
37.

Sad    

Does this also include all the 'Jesus Juice' too?

2395 days ago
38.

Dani    

ALL OF THIS IS LIES YOU CAN NEVER BELIVE FOX NEWS ESPCIALLY THAT ROGER GUY HE ALWAYS MAKING UP LIES ABOUT EVERY1 SCRECW TMZ FOR POSTING THIS AND SCREW THAT FAT ASS GUY ROGER GO TO HELL AND NEVER COME BACK LEAVE MICHAEL ALONE HE DONE BEEN THROUGH A ENOUGH

2395 days ago
39.

losing hope    

umm... most of the people you mentioned tore their own pedastols down. I mean c'mon, Tyson - bit somebodies ear off. Vick - animal cruelty, OJ - FRIGGIN MURDER. Are you being serious?

2395 days ago
40.

ANONYMOUS    

#34?!?!

WTF???

"LEAVE MICHAEL ALONE HE DONE BEEN THROUGH A ENOUGH"

HE done been through enough huh?? Well I guess you showed us then, come on guys lets done leave him alone.

2395 days ago
41.

Nor Cal Reader    

28-- 4theanimals: I think that the Humane Society or other agency took possession of the animals. At least none of them had been molested... as far as we know.

2395 days ago
42.

ANONYMOUS    

#35 you are so right!!!

2395 days ago
43.

ANONYMOUS    

#33, I resent your comment. The list you provided has absolutely NOTHING to do with race! They ARE criminals whether they are black, white, yellow, red, rainbow. End of story. Pulling out the race card in this day and age just makes folks who AREN'T racist resent it even more.

We don't hate "sucessful" (if you want to call any of them on the list that) black men. We hate criminals!!!

The fact they are black has nothing to do with it!

2395 days ago
44.

bewildered bystander    

HEY AND NUMBER 43 THE FACT THAT YOU RESENT MY COMMENT SPEAKS VOLUMES CONCERNING THE TYPE OF RACIST YOU ARE

2395 days ago
45.

mfab    

I can't imagine how someone isn't helping him out.. the house alone is most likley worth more than what he owe's and not only that but with all ihs posessions inside being a part of the sale i would think there's another ten million dollars worth of memorabilia money to be made.
poor michael... all i can do is feel bad for him. he's stuck in the mindset of a child and no one is helping him, or ever did to grow up... and it's probably too late.

2395 days ago
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