Jacko gets 90 days to repay loan or lose property

November 14th, 2007 - 2:57 am ICT by admin  
The singer has been served with the notice after he failed to pay the loan he owes to Fortress Music Trust.

The ‘Blood on the Dance Floor’ was to pay back before 12th October this year, reports Contactmusic.

According to reports, legal papers under the title of ‘Notice Of Default And Election to Sell” were lodged in Santa Barbara County court on October 22.

A report on FoxNews.com claimed that the fallen super star has hired a home in Washington while his 17 million dollars worth Neverland ranch remains unoccupied. (ANI)

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