August 17th, 2012 | Posted by Juicy Carter | Posted In Ain't No Comin' Back from This Shit

ChadJohnson Forclosure 500x500 Chad Johnson Faces Foreclosure & Seeks Private Investors

Right when I was beginning to think his week couldn’t get any worse than it already has, Chad Johnson has just been notified that not only did he lose his wife, Evelyn Lozada, his job, an endorsement deal and a reality show, he could be losing his Miami condo too.

According to court papers, Johnson hasn’t paid the monthly $863 maintenance fees on his $400,000 16th floor condo at Two Midtown Miami since June 2009. He’s behind a total of $28,703 and with no job, endorsement deal or reality show in sight, that may be hard to come by. According to reports, he’s making ends meet with a $150,000 mortgage he just received from two Palm Beach County investors, Michael Pomerantz and well-known dermatologist, Patrick McPoland.

Johnson has until June 2015 to pay the principal back and he used a $350,000 Miami Springs house he bought for one of his baby moms as collateral. Smh…

I know Chad better be the first person to the altar on Sunday because his whole life just fell apart within a week right before our eyes.

Post your thoughts!

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