Allen Iverson isn’t going to let all those years of hard work go right down the drain.
The former NBA star is fighting to keep his Atlanta home, which is up for auction.
Iverson’s $4.5 million foreclosed after defaulting on a $1.2 million mortgage. It was scheduled to be sold off to the highest bidder on Dec. 4. But before the sale took place, Iverson was clever and filed a lawsuit against the lender, claiming that he never consented to the loan, reports TMZ.
In court documents he says that his estranged wife actually agreed to the terms of the mortgage, though he could not fulfill the contract.
1 2 Next page »
Also On Black America Web:
September 15-21: This Week in Black History
http://ioneblackamericaweb.files.wordpress.com/2013/09/september-15-1945-jessye-norman.jpg?w=180&h=180&crop=1 http://ioneblackamericaweb.files.wordpress.com/2013/09/september-16-2008-normanwhitfieldpassed.jpg?w=180&h=180&crop=1 http://ioneblackamericaweb.files.wordpress.com/2013/09/september-17-1983-vanesswilliamsmsamerica.jpg?w=180&h=180&crop=1 http://ioneblackamericaweb.files.wordpress.com/2013/09/september-18-1970-jimi-hendrixpassedaway.jpg?w=180&h=180&crop=1 http://ioneblackamericaweb.files.wordpress.com/2013/09/september-19-1966-soledadobrien.jpg?w=180&h=180&crop=1
Tags: Allen Iverson » Foreclosure