If Michael can't come up with $24,525,906.61 in 3 weeks (March 19, my brother's birthday, is the deadline), he will have to sell Neverland. This will be the most famous foreclosure ever, just another American unable to pay the mortgage...
Jackson hasn't been spotted at Neverland since June 2005. In that time he's
lived in Bahrain, Ireland and Las Vegas among other pit stops on his global
tour. It is assumed that Jackson will just do nothing and let the property go up
for auction since he probably does not have the money even though he refinanced
his $300 million loan from Fortress Investments with help from Sony Music, HSBC
and Barclays Bank.