Michael Jackson, pictured here at the 2006 World Music Awards in London in 2006, is reportedly on the brink of foreclosure on his Neverland Ranch. The mortgage lender Implode's website shows that Jackson is currently in default on a $23,000,000 loan backed by the sprawling property in addition to owing $212,963 in interest. The singer is said to be currently living in a rental in Maryland. Jackson's other woes include being sued by one-time friend, Sheik Abdullah bin Hamad Al Khalifa of Bahrain.

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