MICHAEL JACKSONA new wrinkle in the Michael Jackson saga: On Monday, a California bail bondsman named Richard Hopp filed a request for Notice of Default in Santa Barbara County against Jackson.
The notice falls under California Civil Code 2924b. It means that the bail bondsman wants to know about the status of the $23 million lien on Jackson's only real asset, Neverland Ranch.
Hopp could not be reached on Thursday night, but a source said that when the real story finally surfaced about this latest incident, "It will make O.J. happy to get off the front page" and be replaced by Jackson.
This could mean a lot of things, including: Jackson needs his Neverland Ranch to secure or pay off a bail bond for some reason. Or it could mean nothing. But in Jackson’s world, the possibilities are endless and nothing is surprising.
The notice falls under California Civil Code 2924b. It means that the bail bondsman wants to know about the status of the $23 million lien on Jackson's only real asset, Neverland Ranch.
Hopp could not be reached on Thursday night, but a source said that when the real story finally surfaced about this latest incident, "It will make O.J. happy to get off the front page" and be replaced by Jackson.
This could mean a lot of things, including: Jackson needs his Neverland Ranch to secure or pay off a bail bond for some reason. Or it could mean nothing. But in Jackson’s world, the possibilities are endless and nothing is surprising.
Jackson’s legal woes are mounting — his lawyer, Thomas Mundell, goes into court on Friday begging the judge in a lawsuit not to make Jackson pay up $3.8 million. It’s really sad.
In a public filing with Los Angeles Superior Court, Judge Joseph Biderman presiding, Mundell writes: "it was clearly understood by the parties that Mr. Jackson did not have the cash available to make the settlement payment at the time the settlement agreement was signed…
"Mr. Jackson was undertaking to refinance certain assets, including his Neverland ranch, to obtain the money…the settlement payment would be made from such borrowed funds…Mr. Jackson reasonably anticipated that the refinancing would close by November 15, 2007….due to circumstances completely beyond Mr. Jackson’s control, that has not happened yet, although the closing one refinance transaction appears imminent…as a result, it was impossible for Mr. Jackson to meet the November 15 deadline…"
Will this work? Who knows? Jackson’s pathetic financial situation is crumbling, and there is apparently no one to help him. Neverland is still in default, and the latest news about a bail bondsman’s involvement doesn’t bode well.
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