Foreclosure? Can Michael Beat It?

By Associated Press
.

The pop star may lose his ranch. Foreclosure? Can Michael Beat It?
Published: Tue, February 26, 2008 - 11:23 pm Last Updated: Tue, February 26, 2008 - 11:40 pm
LOS ANGELES (AP) - A court filing says 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 he still
owes on the property.
Financial Title Co. filed the notice of trustee's sale with
Santa Barbara County Superior Court on Tuesday, setting the auction
date for March 19.
A spokeswoman for Jackson did not immediately return a call for
comment.

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