Michael Jackson’s Neverland Valley Ranch is in jeopardy because the pop star remains in default on a $23 million loan he used to secure the property. Jackson paid off some of his other debts in state tax liens, but still has not paid his tax debt to the Santa Barbara County Treasurer and Tax Collector to clear the tax lien filed against his property for $13,373.47.
Jackson May Lose Neverland Ranch
Thursday, February 14, 2008
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