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Michael Jackson Neverland Ranch in Foreclosure

February 27, 2008 2:42 PM | Michael Jackson | Comments (0)

Michael Jackson has received notice that his Neverland Ranch in Santa Barbara will be sold at public auction on March 19, 2008 unless he comes up with $24,525,906.61 to pay off the loan. The auction will include all personal property inside, all fixtures, appliances, furniture, and the rides outside.

Neverland Ranch is worth about $7 million in the current real-estate market. On at least one other occasion this year, Michael missed payments on the $2 million mortgage.

Michael Jackson Starts to Pay Off Debts

February 8, 2008 5:14 PM | Michael Jackson | Comments (0)

Michael Jackson is in some serious debt! However, he has been taking steps for this huge debt situation. Columnist Roger Friedman of Fox.com cites Santa Barbara County records that reveal MJ has finally satisfied a state tax lien on his Neverland Valley Ranch. The total paid is a little over $600,000 including penalties and fees. The singer still owes $23 million on a defaulted loan taken against Neverland.

Michael Jackson Working on 25th Anniversary Edition of Thriller

The King of Pop, Michael Jackson, has been working on his 25th anniversary edition of his "Thriller" album that will feature remixes of four tracks as CD extras. The tracks that will be remixed are "Billie Jean," "The Girl Is Mine," "Wanna Be Starting Something" and "Pretty Young Thing." Additionally, four tracks left off "Thriller" in 1983 will be included. The remixes will include work by Kanye West, Akon, and will.i.am. Thriller 25" will be released by Sony.

Michael Jackson Stuff Going On Auction

May 29, 2007 12:24 PM | Michael Jackson | Pop | Comments (0)

What to own a piece of Michael Jackson or his famous siblings. Well now you can! That is if you have the money. Over 1,100 items will be auctioned this week at the Hard Rock Hotel and Casino, Las Vegas. This is the largest auction of Jackson memorabilia with items including: a Bill Whitten-designed militaristic red coat with gold rope that belonged to Michael Jackson, a 1987 contract detailing his $30 million purchase of "Neverland" ranch and

Michael Jackson To Launch Jackson 5 Tour

March 7, 2007 8:34 PM | Michael Jackson | Pop | Comments (0)

Michael Jackson wants to raise money. Lots of it. It's rumored Michael wants to make 1/2 a billion dollars from a Jackson 5 tour. My guess is money is running low for Michelle. Ops I did it again. I meant Michael.

Japanese Paying Michael Jackson $3,500 To Meet Him

March 4, 2007 8:42 PM | Michael Jackson | Pop | Comments (0)

Michelle Jackson..! Ops, I meant Michael Jackson is getting $3,500 per guest at an art competition party in Japan to mingle with him. Guests can have 30 seconds to 1 minute to talk to Mike and checkout his nose! This was one of Mike's in frequent appearance since his acquittal on child molestation charges in June 2005.

Michael Jackson Being Sued for Not Paying Bills

January 15, 2007 7:51 PM | Michael Jackson | Pop | Comments (0)

It seems Mr. Michael Jackson doesn't pay his bills. A pharmacy in Beverly Hills is claiming that they have been waiting for two years for Mike to pay his bills. Mike has bills totaling around $100,000. How much pills was he buying? Come on Mike, tell me it aint so. Mike, stay out the court room! The pharmacy has now filed a lawsuit against the entertainer to recoup the money.