Goodie Mob rapper Khujo, his wife, and 4 sons are on the verge of homelessness ... after the bank filed papers to foreclose on his Georgia house.
According to the docs ... the bank claims Khujo's missed 3 mortgage payments in a row and remains on the hook for more than $200K ... so now they're looking to take it back.
Khujo filed for bankruptcy 2 years ago, claiming he had just $300 in cash ... and was drowning in $170K in debt.
He earns just over a grand a month from royalties and the occasional performances ... in addition to disability checks ... he lost a leg in a 2002 car accident.
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