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February 26, 2008: MJ News and Mentionings

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AllTheLovelyFlowers said:
I believe Raymone then, and I would be her now if she said that Michael will not loose Neverland.

Why should I believe this when it has just been reported and we haven't even given Michael a chance to rectify the situation? For all we know, he may have already taken care of it.

Remember, the media said that the government closed down Neverland due to Michael not paying wc for his employees. Then the next thing you know, Michael took care of everything.

I find it funny that everytime the media reports doomsday on Michael, he comes in and takes care of it right afterwards! Right afterwards! Which tells me that the a lot of these offices as well as the media jump the gun on Michael just so that they can report something negative on him.
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Yes which makes me wonder why fans constantly fall for the media crap every.....EVERY. SINGLE. TIME.

I mean you all are just feeding off of it, like you haven't ate or drank gossip in YEARS.
 
J5master said:
Yes which makes me wonder why fans constantly fall for the media crap every.....EVERY. SINGLE. TIME.

I mean you all are just feeding off of it, like you haven't ate or drank gossip in YEARS.
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have you seen the official documents? this foreclosure threat has been going for months. Evidently they haven't received the 25 million so they're taking it.
 
she's a general manager of his company - not his agent.
 
jaydom7 said:
have you seen the official documents? this foreclosure threat has been going for months. Evidently they haven't received the 25 million so they're taking it.
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Yes I know. But be it true or not, RF and FUX company are going to lead a smear campaign, saying that the sky will fall on Michael Jackson. And what are we doing here? The exact thing they want us to think.

Fact is these documents don't show us jack crap about what's going on behind the scenes or what will happen to Neverland. WE are feeding the media in their attempts to grab on any lil bit of info they can and use it to smear MJ...be it true or not true. And every time, we just follow suit. every single time. And when ish doesn't hit the fan, and things turn out fine, then the next 'tragedy' that comes around...we go along with it again.

This is more than these documents. This is about the media typical patterns of trying to make something out of little or nothing, especially when they don't know JACK.

I'm sorry until WE HAVE A NEW OWNER FOR NEVERLAND, all this speculation is just useless.
 
Well "Neverland" has been tainted forever unfortunately, so maybe it's best if MJ is no longer associated with it anymore, however he has a lot of stuff (i.e. awards, gold records and other personal items) at the house so I hope he's able to get his stuff before it's too late.
 
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neverland ... property purchased - 1988 ... it is 2008 ... **doing the math** we are now 20 years later ... why would he owe $25 million for a few months of late payments ?? ... if it was Taxes that were owed, that would make more sense ...

**points browser to priceline.com**

ima be at that auction, if it actually takes place. I want a piece of Neverland **thinking of the urns**
 
MJJChichi said:
neverland ... property purchased - 1988 ... it is 2008 ... **doing the math** we are now 20 years later ... why would he owe $25 million for a few months of late payments ?? ... if it was Taxes that were owed, that would make more sense ...

**points browser to priceline.com**

ima be at that auction, if it actually takes place. I want a piece of Neverland **thinking of the urns**
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He settled all of this tax debts that is the thing I don't get. If he was not going to pay the bank why bother with the taxes?
 
:lol: Them urns man are Mikes best asset! :lol:

Or maybe that giant chess board...no no no, the painting of apollo. Gotta get me one of those.

But i kinda want those big azz photos of MJ from the VIBE fotoshoot in my house too. You know, the big wall sized pics of his big azz face? LOL I'mma put that in my basement. :lol:
 
Justthefacts said:
He settled all of this tax debts that is the thing I don't get. If he was not going to pay the bank why bother with the taxes?
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That the same thing I was thinking, that he paid the lien or taxes on neverL and all was good. So I don't know. We will see. Michael probably in the studio jammin' and then he get a call with this mess.:lol:

He'll handle it just like he did the taxes. no worrys! screw the media they quick to report this mess!-_-
 
Justthefacts said:
He settled all of this tax debts that is the thing I don't get. If he was not going to pay the bank why bother with the taxes?
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Right !! Court documents or not ... Roger fartface article or not, the facts(as we know them) they just don't add up.

it is, what it is ... I suppose ??

who knows, this could all being used as free publicity :lol: think of the excitement when the contents of Neverland are being auctioned. The Santa Barbara Courthouse will have the media circus camped outside it's doors one mo again :lol: They will be paying police overtime, the budget will go right out the window. All them staff will have to deal with crazed fans and what not LMFGAO serves them right **SNAP**
 
MJJChichi said:
Right !! Court documents or not ... Roger fartface article or not, the facts(as we know them) they just don't add up.

it is, what it is ... I suppose ??

who knows, this could all being used as free publicity :lol: think of the excitement when the contents of Neverland are being auctioned. The Santa Barbara Courthouse will have the media circus camped outside it's doors one mo again :lol: They will be paying police overtime, the budget will go right out the window. All them staff will have to deal with crazed fans and what not LMFGAO serves them right **SNAP**
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I don't have a real estate or business/accounting background..so a few questions.. plzzz:

1.)If you let go of rather than to stop foreclosure, can't you write if off your taxes?

2.) Will you owe tax to that particular county or state..any longer? On a personal side note: As an African-American, why should MJ pay taxes to an area where he is legally treated/viewed as a second class citizen.;)

3.) Most importantly aren't you no longer under the legal or fiscal jurisdiction of that particular county or state? Especially, in regard to the custody of his kids?:D

4.) When MJ does to decide to tell more of his unending, legendary story, he now gets to add this era of what will become documented political persecution by the U.S. gov. of citizens with certain; religious, political or ethnic categories/classifications. This will add to the interest & marketability of his story.. particularly outside of the U.S.:)

5.) On an international note, does not having a permanent U.S. address or residence widen his options re: international citizenship/ business dealings? Particularly if he has established permanent residences outside of the U.S.?
 
U can have the green giant. give me the giant Oscar statues in the theater!:lol:
 
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First of all, I don't think this debt is taxes on Neverland. I think this is a loan that used Neverland as collateral.

And what if Michael has already paid this debt? Can't you see the county of SB filing this form anyway just to get the media attention? I can.
 
There are a lot of things about this I don't understand. Since when has a bank been able to auction off someone's stuff that is something I heard the IRS does if you do not pay them like they did to Red Foxx and Willie Nelson? Property they can seize as far as auctioning off I don't get it.
 
Justthefacts said:
There are a lot of things about this I don't understand. Since when has a bank been able to auction off someone's stuff that is something I heard the IRS does if you do not pay them like they did to Red Foxx and Willie Nelson? Property they can seize as far as auctioning off I don't get it.
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Exactly, was wondering about this in particular when that article mentioned, ':rolleyes:auctioning everything including the drapes?!'

Especially since Mike & Jan just legally won the return of items ( in Vegas court outside of Califorinia), seized from a storage locker, (*in previous daily news thread). Very false-fish-y, indeed -hmmm.

I can confirm that recently I approach workers from my neighbor's mortage co, who were securing her house. I was concerned that she may still have items inside & offered use of my garage. I was told that by right, she still had the option to enter the house to retrieve personal property, even after they posted the notice on her door. Also, years ago I worked as a manager in property management. I know that we weren't allowed to enter or remove items unless/until an actual eviction was processed by the sherriff & at that time items were set on the curb..not auctioned.
 
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Well I don't know what is going to happen and I am not going to sit here and guess. But we will know soon but let me say this. To you folks somewhere in this great big ole world tonight I am talking about the Arvizos the Chandlers, Bob Jones and the rest of them. This is what your lies and your bullshit have done to a person. His life maybe would so different if you folks would have just left him alone but let me also say this. Your day is coming may not be today or tomorrow but it is and for what Michael went thru and for whatever he is going thru now with his former home I blame you people. But your day is so coming you can count on it. End of rant
 
Justthefacts said:
Well I don't know what is going to happen and I am not going to sit here and guess. But we will know soon but let me say this. To you folks somewhere in this great big ole world tonight I am talking about the Arvizos the Chandlers, Bob Jones and the rest of them. This is what your lies and your bullshit have done to a person. His life maybe would so different if you folks would have just left him alone but let me also say this. Your day is coming may not be today or tomorrow but it is and for what Michael went thru and for whatever he is going thru now with his former home I blame you people. But your day is so coming you can count on it. End of rant
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Tell it like it is. This is upsetting to me. It IS because of those people that this is happening and its just sad. I hope Neverland doesn't get auctioned off because whether Michael cares about it or not anymore, he worked his whole life to make that ranch a reality and to see it taken from him would be a difficult thing.
 
Dorothy_Marie said:
http://www.reuters.com/article/entertainmentNews/idUSN2638244820080226

Michael Jackson faces forced sale of Neverland

By Dan Whitcomb
LOS ANGELES (Reuters) - Michael Jackson's famed Neverland Valley Ranch in California will be foreclosed and sold on March 19 unless the pop star pays a balance of nearly $25 million, property records showed on Tuesday.
FoxNews.com celebrity columnist Roger Friedman reported on the Web site (www.foxnews.com) that Jackson has been formally apprised of the foreclosure and that legal documents have also been filed with the Santa Barbara County Recorder's office.
"You are in default of a deed of trust ...," Jackson was told in the five-page filing, according to a copy of the document published by FoxNews.com. "Unless you take action to protect your property it may be sold at a public sale."
According to the documents, if Jackson fails to pay the outstanding balance, estimated at $24.5 million, Neverland would be sold to the highest bidder at a public auction on the courthouse steps.
The county recorder's Web site shows that a Notice of Trustees Sale was filed against Neverland Valley Ranch on Monday but no further details were available and a spokeswoman for the office declined to comment.
Jackson's publicist, Raymone Bain, did not return calls seeking comment on the foreclosure notice.
The onetime "King of Pop" has owned the 2,800-acre (1,133-ha) ranch in the rolling foothills above the California coast since 1988, naming it after the whimsical island where children never grow up in J.M. Barrie's Peter Pan stories.
Jackson, 49, famously outfitted the property with a private zoo and amusement park and festooned it with statues of Peter Pan characters. Continued...

But the reclusive, Grammy-winning singer has spent little time at Neverland since his June, 2005 acquittal on charges that he sexually molested a young boy there after plying him with alcohol.
In 2006 state authorities ordered the property shuttered and fined Jackson for failing to pay his employees or maintain proper insurance, and the zoo animals have since reportedly been removed.
Jackson, who proclaimed himself "King of Pop" in the 1980s and scored one of the top-selling pop albums of all time in "Thriller," has since seen his fame as an entertainer eclipsed by the sometimes bizarre details of his personal life.
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TRANSLATION:

I, Roger Friedman, am just trying to let you all know that I no longer have access to Michael Jackson's camp.

All of the no good people that once worked for him...you know, the no good ones that used to feed me inside scoop...yeah, them...they are now gone. They ALL have been given THE BOOT.

Because Michael Jackson has thoroughly cleaned house, I now...in order to keep my crappy column going...and to continue acting like I am in the know...have to fish through court documents that anyone and their mama can get to because it's stuff that's open to the public like the local library.
 
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Last Updated: Saturday, 10 November 2007, 11:19 GMT
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Jackson 'will not lose Neverland'

_41423194_neverland-getty-203body.jpg
Jackson left the ranch after being acquitted of child abuse in 2005

Pop star Michael Jackson is in no danger of losing his Neverland ranch due to debt, his spokeswoman has said.
She denied reports that the singer had defaulted on a $23m (£11m) loan on the California ranch, saying he was in the process of refinancing the building.
The ranch was listed on a Santa Barbara County foreclosure report this week.
Jackson left the ranch when acquitted of child abuse in 2005. In August, finance firm Prescient Acquisition said he had debts of $272.5m (£130m).
The 1,100 hectare (2,800 acre) Neverland ranch was named after a fictional world in the story Peter Pan and contains amusement park rides and a zoo.
"Mr Jackson is in the final stages of refinance and will not lose Neverland Valley Ranch," his spokeswoman Raymone Bain said. The 49-year-old singer closed the ranch after his trial and has since lived in Ireland, Dubai, Bahrain and Las Vegas. Earlier this month, he told US magazine Ebony that he was now living on America's east coast.
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Remember the above article? Notice the date of the article is exactly 3 months ago. That covers the 90 day foreclosure period allowed in California before they sell your property. And just as I said earlier, this is not a tax payment that is owed to the county. This is a loan that was taken out using Neverland as collateral.

Now, notice that when this first happened...first went into foreclosure, Raymone is saying here that Michael will not loose the ranch AND that he is IN THE PROCESS OF REFINANCING. Also notice that she is saying that he is in the FINAL STAGES of refinancing his property.

What I think is happening here is this....Michael is being refinanced by another lending institution other than the one currently handling this loan as well as his property. And while he is in that process, he is not going to pay the $25 mil that is owed because he knows that once his loan is finalized, that amount will be included in his refinancing of the entire property. In the meantime, the county records will continue to show that the property has been in foreclosure since November. And now that the 90 day period is up, the county has no choice but to file the necessary document at the courthouse and serve notice on Michael of their plans to include the property in the next county auction. They have to do this just in case he doesn't get his refinancing and never pays the money.

This is a process. And because Michael has started this process, I guarantee you that his lawyers have already contacted the county office and informed them of the refinancing that is going on.

I truly believe that if Michael really wanted to get rid of this property for whatever reason, he would not be trying to refinance it. For what? Why not just sell it? If he did not want it, he could have put it up for sale a long time ago. Obviously, he wants his property.

So I look for this situation to be resolved in the next few weeks. And when Michael is finished with his refinancing and still owns Neverland by the middle of March and we don't see the media out there with cameras filming the auction of Neverland and celebrating the news that Michael has finally lost Neverland, then you can bet that this matter has been resolved.

My prediction is that come middle of March, Michael will still be owner of Neverland, and people like RF will be writing some stupid article about how Ron Burkle loaned Michael the money to pay his debt, but he still owes Fortress $350 mil, blah, blah, blah and he still has no place to live and no money and don't forget the Prince is suing him in London, and by the way, he married Grace this weekend, blah, blah, blah, to be continued! You know how it goes!
 
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AllForMJ said:
TRANSLATION:

I, Roger Friedman, am just trying to let you all know that I no longer have access to Michael Jackson's camp.

All of the no good people that once worked for him...you know, the no good ones that used to feed me inside scoop...yeah, them...they are now gone. They ALL have been given THE BOOT.

Because Michael Jackson has thoroughly cleaned house, I now...in order to keep my crappy column going...and to continue acting like I am in the know...have to fish through court documents that anyone and their mama can get to because it's stuff that's open to the public like the local library.
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You've got that right. Friedman doesn't know anything anyone else couldn't have easily found out. He isn't credible.
 
Michael is a very wealthy man that has very expensive taste and have bought many things of great value over the years. Never, ever think that this man does not have something in his possession, outside of the catalogue, that can wipe out anything that he owes. He can probably pick and choose an item from a long list of things that he has collected over time.

The media loves trying to get people to think that the only thing that he can use to settle debt is that catalogue.

Yeah, they wish!
:lol:

And check this out...

Did you notice how Reuters made sure they let their readers know that it's not truly them that's reporting the story?

They're making sure their readers know it's Roger. Not them. This is their way of making sure they have an escape plan in place...an exit route...for when the story becomes a whole bunch of nothing.

I would love to be as broke as they claim Michael Jackson is. Oh the vacations I would go on. That's a nice kinda broke. That's the kind of broke where you most likely have very valuable jewelry off in some vaults. I mean I would loooovvvve to be broke like that. Would love it!! Wouldn't you?
 
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I'm with J5 in that I won't believe that its a definit thing that Michael will lose the ranch until it happens though. How many times has this happened where he's been threatened with this type of thing and he ends up taking care of it at the last minute? Michael just isn't on top of things from the get sometimes, but he usually has things under control, even if it is by the skin of his teeth. I hope it doesn't get taken from him though.
 
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