Financial warning issued for Michael
This week, news was reported in the media that if Michael does not pay his $23 million loan and its interest to Fortress Music Trust within a 90-day deadline, he will lose Neverland.
According to news sources, the last payment deadline was October 12. With the deadline ending, on October 22 a notice will be issued to inform Michael.
Michael is currently staying in Washington, D.C., and his $17 million Neverland property is left empty.
Source: eMJey / Fox News
From the archive
Related news
Keep exploring stories from the same topics and archive.
- Happy Birthday Michael Jackson! Read story
- MJ and Will have done 3 or 4 songs 2 of them are finished Read story
- Lifetime achievement award for Michael Read story
- BAD TOUR to be released in NOVEMBER 2007 Read story
- New Michael Ad for Pepsi Read story
- Michael’s Pepsi Ad for Super Bowl Read story
- Pepsi’s Ad Put to a Vote Read story
- Thriller 25th Album Read story
- A Chance Meeting with Michael at a Las Vegas Studio Read story
- Happy Birthday, Prince Read story
- Judge to Decide Award in Secret Taping in Michael Jackson Case Read story
- Las Vegas Judge Rules Michael Jackson May Get Belongings Back Read story

