Allen Iverson About To Lose $4.5 Million Atlanta Mansion To Foreclosure [Pics] *UPDATE* A.I. Files Lawsuit To Save Home

 

Pics After The Jump

 

One of the most exciting players to ever hit the court in the NBA is about to lose one of his most prized possessions. Former all-star guard Allen Iverson's $4.5 million Atlanta mansion and all of its belongings will be hitting the auction block on December 4th unless A.I. can somehow come up with the cash to save it according to TMZ.

 

Iverson purchased the home in 2010, but defaulted on his mortgage and the bank foreclosed

The future Hall of Famer is finding things difficult at the moment. In addition to going through a divorce, Iverson has been ordered to pay $859,896.46 to Aydin & Company Jewelers. In January a judge signed off on an order which allows the store to recoup their loss directly from Iverson's Wells Fargo bank account. 

 

**UPDATE** December 9th

 

A.I. is attempting to stop his mansion from being foreclosed on. It was set to be auctioned off on December 4th, but Iverson filed legal documents to put the sale on hold according to TMZ.

Iverson is going through a difficult divorce with his estranged wife and claims she signed off on the mortgage and consented to terms she knew he couldn't meet in an attempt to screw him over.

 

A.I.'s lawsuit has temporarily put a stop to the foreclosure proceedings, giving him extra time to try and gather up enough money to prevent the home from being sold.


Check out photos of Iverson's Atlanta crib below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Follow Me

Join Our Facebook Fan Page Check Us Out On MySpace Follow Us On Twitter Follow Me On Youtube

Views: 34616

Tags: $4.5, About, Allen, Atlanta, Foreclosure, Iverson, Lose, Mansion, Million, To, More…[Pics]

Comment

You need to be a member of ThisIs50.com to add comments!

Join ThisIs50.com

Comment by D Carroll on December 13, 2012 at 5:00pm
Lakers need A.I.
Comment by jonathan goodwin on December 10, 2012 at 1:39pm
A.I. needs to be in the NBA no question.
Comment by Bad Habits on December 10, 2012 at 7:02am
I could see buying that crib in his prime but in 2010 come on dog trying to live beyond ur means not happening
Comment by 1THUG aka PROJECK KEEM!! on December 10, 2012 at 1:52am
Yo a.i. aks ya cru thik neggaz to lend you some ends...oops, they not around!!
Comment by 1THUG aka PROJECK KEEM!! on December 10, 2012 at 1:50am
Kween dot...tha ultimate sign of a betch negga is one who comments on a comment that aint got shet to do wit him!! Ya fathers name is phyllis BUM NEGGA you wearin immitation shades like officer rickey. if you wanna hear my name in ya household, aks ya main betch who stretched her twot out!! Negga i put my name on dat thang...i call ya betch nutt drainer!!

Now get back out on tha ho stroll and sugg some other neggaz off!!
Comment by Mr.TWB on December 10, 2012 at 1:15am
damnnnnn
Comment by J.Arrogant on December 9, 2012 at 9:33pm
Since the Charlotte Bobcats suck I think MJ should sign A.I. he said he wanted to return to the NBA
Comment by nameless on December 9, 2012 at 8:15pm
damn, that sucks
Comment by Marquis TheCrew King on December 9, 2012 at 7:09pm
you better sell this s***..you dont live there n****! Joe Pesch
"Im Through There"
Assault With Intent
http://www.youtube.com/watch?v=u2LbzdDKPHQ
Comment by Xcel on December 9, 2012 at 6:22pm
N***** are mad stupid with doe

Members

 


Example Searches:
music, girls, Bentley

Latest Activity

jhdgdx commented on jhdgdx's album
Thumbnail

(((((((((((((((((((((((((((((DD)))))))))))))))))))))))))))))))))Cheetahs vs Reds Live stream Super 15 Rugby Online

"Cheetahs vs Reds Live Coverage Here. Catch the match live here it provide crystal clear HD video and smooth clear sound so stay tune and enjoy Cheetahs vs Reds Super 15 2013 live. Rugby Welcome to everyone to watch live streaming Online Rugby Match…"
8 seconds ago
Fury commented on Fury's album

Watch/Live/streaming: Eurovision song contest Outright Winner 2013

"Watch/Live/streaming: Eurovision song contest Outright Winner…"
9 seconds ago
David lumia posted a status
"Bulls vs Highlanders live stream Super Rugby http://ning.it/12jqhIX"
31 seconds ago
jhdgdx commented on jhdgdx's album
Thumbnail

(((((((((((((((((((((((((((((DD)))))))))))))))))))))))))))))))))Cheetahs vs Reds Live stream Super 15 Rugby Online

"Cheetahs vs Reds Live Coverage Here. Catch the match live here it provide crystal clear HD video and smooth clear sound so stay tune and enjoy Cheetahs vs Reds Super 15 2013 live. Rugby Welcome to everyone to watch live streaming Online Rugby Match…"
2 minutes ago
jhdgdx commented on jhdgdx's album
Thumbnail

(((((((((((((((((((((((((((((DD)))))))))))))))))))))))))))))))))Cheetahs vs Reds Live stream Super 15 Rugby Online

"Cheetahs vs Reds Live Coverage Here. Catch the match live here it provide crystal clear HD video and smooth clear sound so stay tune and enjoy Cheetahs vs Reds Super 15 2013 live. Rugby Welcome to everyone to watch live streaming Online Rugby Match…"
2 minutes ago
Phillys Music Man shared their video on Facebook
2 minutes ago
jhdgdx commented on jhdgdx's album
Thumbnail

(((((((((((((((((((((((((((((DD)))))))))))))))))))))))))))))))))Cheetahs vs Reds Live stream Super 15 Rugby Online

"Cheetahs vs Reds Live Coverage Here. Catch the match live here it provide crystal clear HD video and smooth clear sound so stay tune and enjoy Cheetahs vs Reds Super 15 2013 live. Rugby Welcome to everyone to watch live streaming Online Rugby Match…"
2 minutes ago
Phillys Music Man shared their video on Twitter
2 minutes ago

© 2013   Created by 50 Cent.

Badges  |  Report an Issue  |  Terms of Service

© 2012   Created by 50 Cent.   Powered by .

Badges  |  Help  |  Terms of Service