Allen Iverson has no intention of letting his $4.5 million Atlanta mansion go to foreclosure without a fight. Earlier this month, word surfaced that the home Iverson purchased back in 2010 was set to be sold at auction on Dec. 4 after he allegedly defaulted on a $1.2 million mortgage. However, Iverson has filed a lawsuit against the lender that has held things up.
According to TMZ, Iverson’s suit claims that he never consented to the loan and that his estranged wife, Tawanna, was the one who signed off on the mortgage in order to “screw him.” Iverson says Tawanna agreed to the loan knowing that he would be unable to meet the financial terms.
That’s certainly an interesting accusation, to say the least. If nothing else, the lawsuit has postponed the auction for the time being. This isn’t the first bizarre story we’ve heard about A.I. and his estranged wife. Remember several months ago when she requested a list of all the sexual partners he has ever been with as a part of their divorce proceedings?
For Iverson’s sake, let’s hope that rumor about his friend tucking away $35 million for him in a secret account was true. It sounds like he may have to tap into those funds in order to sort this mess out.
