|
|
Article: Court to Michael Jackson: Pay up, or Neverland Ranch goes to auction block
- Article from:
- AP Worldstream
- Article date:
- February 27, 2008
CopyrightCopyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. (Hide copyright information)
|
Michael Jackson's Neverland Ranch will be put up for sale at a public auction next month unless the pop star pays the more than $24 million (16.14 million) he still owes on the property, according to a court filing.
Financial Title Co. filed the notice of trustee's sale Tuesday with Santa Barbara County Superior Court, setting the auction date for March 19. A spokeswoman for Jackson did not immediately return a call for comment.
Julie Wagner, a manager at the San Francisco-based title company, confirmed that Jackson's property was set for auction.
Court documents obtained by Fox News warn Jackson that he has until the date of the auction to take action to keep his lavish ...