Allen Iverson’s Atlanta Mansion Lost Due To Forclosure Auction

| February 7, 2013 | 0 Comments

allen iverson

Could this week get any worse for former Philadelphia 76er’s star Allen Iverson? We think not. According to reports on TMZ, the All-Star legend has lost his Atlanta mansion after a foreclosure auction.

TMZ previously broke the story that Iverson allegedly defaulted on a $1.2 million mortgage, sending his $4.5 million home into foreclosure status. A few days ago, Iverson was basically called a “terrible father” by judge Bensonetta Lane who also dealt Tameka Raymond a blow in her divorce case to Usher Raymond.

According to our sources, Iverson tried with all of his might to fight off the auction, but ultimately his bank slam-dunked on him.

He couldn’t stop the foreclosure, and now the Atlanta mansion is gone. Even with all of Iverson’s trials & tribulations, we can never forget his lengthy history in the NBA.

Check out this throwback highlight of Allen Iverson and the Philadelphia 76ers vs. Chicago Bulls, and Iverson’s first win over Michael Jordan:

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