Providing further evidence that foreclosure can happen to anybody, former pro basketball sensation Allen Iverson has just lost his $4.5 million home down in Atlanta, Georgia. This is the just most recent setback for Iverson, whose post-NBA life has been a mess of financial and personal problems, including a high-profile divorce case during which a judge advised him to seek therapy. How did this eleven-time NBA All-Star lose his pricey homestead? Reportedly prone to prolific spending sprees, he managed to default on his mortgage and then failed to keep the property from landing on the auction block.
It’s important to understand that if you’re facing foreclosure, there are a variety of legal options available that may allow you to keep a roof over your head. Please don’t hesitate to call the Law Office of Ronald D. Weiss; we have decades of experience with foreclosure solutions in Nassau and Suffolk counties.