Allen Iverson Loses Atlanta Mansion To Foreclosure [Pics]

 

Allen Iverson just caught another bad break when his Atlanta mansion was foreclosed on. TMZ is reporting that the former NBA All-Star defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure


A.I. briefly stopped foreclosure proceedings when he filed legal documents in December claiming that his ex-wife signed a mortgage she knew he couldn't afford to mess him over. A.I. says he never consented to the loan.

 

In the end A.I.'s bid to save his home failed and his bank bought the home yesterday for $2.5 million.

 

This news comes on the heels of A.I.'s ex-wife Tawanna Iverson being given custody of their five children after a nasty divorce battle.

 

A.I. was ordered by the court to not drink for the next 18 months, attend AA meetings and see a psychiatrist as conditions to see his children.

 

Check out pics of A.I.'s former crib below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Follow Me

Join Our Facebook Fan Page Check Us Out On MySpace Follow Us On Twitter Follow Me On Youtube Like MY Facebook Page Connect With Me On Linkedin

Views: 9920

Tags: Allen, Atlanta, Foreclosure, Iverson, Loses, Mansion, To, [Pics

Comment

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

Join ThisIs50.com

Comment by mike on February 6, 2013 at 3:07pm
he not broke he was just beinn cheap af
Comment by Joy on February 6, 2013 at 1:48pm
Lol mmmm wife signs loan he didn't agree to... why would he keep payin for something he never wanted. we dont know what A.I. has!
Comment by unitg on February 6, 2013 at 1:22pm
ay A.I f*** that house son u dont need it just focus on gettin back on track dog thats all
Comment by D Carroll on February 6, 2013 at 1:01pm
TMZ also reported that a close friend of A.I. had invested alot of his money a there was close to $30 million that know one new about that came out in the divorce.So he is not broke at all.
Comment by Grandmaster Z on February 6, 2013 at 12:28pm
The n**** broke mane smh
Comment by myles on February 6, 2013 at 12:02pm
dam son, i hope its business move and he aint broke



Upcoming Releases

Members

 


Example Searches:
music, girls, Bentley

Latest Activity

Foolish B commented on ChasinDatPaper's blog post Lil Scrappy Accuses Nickelodeon Resort Of Racism Against His Daughter After They Repeatedly Picked White Kids Over Her During A Contest [Video]
"I hate when black people play the race card when it's clearly not about race at all judging by the picked children. Chill out Scrap. Making us look bad for nothing."
11 minutes ago
Patrick Buettner commented on ChasinDatPaper's blog post Christian Group Up In Arms Over New Comedy 'Black Jesus' Ft. A Foul Mouthed Son Of God Living In Compton [Video/Pics]
"Yo...haha I just saw the preview for this Monday night adult swim"
18 minutes ago
YKham commented on G-Unit Promotions's blog post Watch French Montana and Khloe Kardashian's First Interview Together w/ Angie Martinez
"French just tryin to stay relevant..There is only so many Rick Ross, DJ Khalid and Diddy songs he can be featured on. Drake said it best 'N***** been here for a couple never been here again""
20 minutes ago
YKham commented on ChasinDatPaper's blog post Robin Thicke Gives Up After Realizing He Can't Win His Wife Paula Patton Back. Puts House Up For Sale [Video]
"N***** gone be lined up to f*** with Paula...she def is a ball you don't fumble"
24 minutes ago
NATE \m/ (-_-) \m/ commented on G-Unit Promotions's blog post Watch French Montana and Khloe Kardashian's First Interview Together w/ Angie Martinez
"French is the gold digger in this one lol #fact"
30 minutes ago
Notimportant updated their profile
34 minutes ago
Jus P commented on G-Unit Promotions's blog post Watch French Montana and Khloe Kardashian's First Interview Together w/ Angie Martinez
"S*** I'll beat..."
40 minutes ago
vinroc50 commented on G-Unit Promotions's blog post Watch French Montana and Khloe Kardashian's First Interview Together w/ Angie Martinez
"Clown, corny as hell laughing like a f***** retart haaannn .!. Hope ur tour buss gets shot up wit a rocket launcher"
41 minutes ago

© 2014   Created by 50 Cent.

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service

© 2012   Created by 50 Cent.   Powered by .

Badges  |  Help  |  Terms of Service | Privacy Policy