Allen Iverson loses home to foreclosure
Last Updated: 170 days ago
U.S. basketball superstar ALLEN IVERSON is set to lose his home after defaulting on his mortgage.
The sportsman's $4.5 million mansion in Atlanta, Georgia will go up for auction this month (Dec12) after bank bosses foreclosed on the property.
The house and its contents will be auctioned off on 4 December (12) if Iverson fails to reach a deal to save the property, according to TMZ.com.
Iverson has reportedly suffered money problems in recent years and is currently going through a divorce battle with his estranged wife, Tawanna.
Copyright 2012 World Entertainment News Network. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.