Thursday, February 7, 2013
Allen Iverson Loses Mansion To Foreclosure, Accused Of Being A Bad Dad
My how Allen Iverson has fallen from grace. After being accused of being a bad parent by a judge who ripped into him for showing little interest in his five children, and getting officially divorced after a long drawn out battle, the former baller has lost his Atlanta mansion due to foreclosure.
According to TMZ, the judge wrote that one-time league MVP “does not know how to manage the children; has little interest in learning to manage the children and has actually, at times, been a hindrance to their spiritual and emotional growth and development.”
The decree goes on to state that Iverson has “left the children alone without supervision. He has left his young daughters in a hotel room with men who are unknown to the mother.
And today the site is reporting that Iverson’s Atlanta home has been sold off in a foreclosure auction. He allegedly defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure.The bank purchased the mansion yesterday for $2.5 million. FREAKING WOW!!!