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News

Allen Iverson fights foreclosure of his Atlanta mansion

by Carrie Healey | December 10, 2012 at 5:15 PM
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Former Philadelphia 76ers player Allen Iverson walks onto the court to deliver the game ball before the game against the Boston Celtics in Game Six of the Eastern Conference Semifinals in the 2012 NBA Playoffs at the Wells Fargo Center on May 23, 2012 in Philadelphia, Pennsylvania.. (Photo by Drew Hallowell/Getty Images)

Former Philadelphia 76ers player Allen Iverson walks onto the court to deliver the game ball before the game against the Boston Celtics in Game Six of the Eastern Conference Semifinals in the 2012 NBA Playoffs at the Wells Fargo Center on May 23, 2012 in Philadelphia, Pennsylvania.. (Photo by Drew Hallowell/Getty Images)

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Former NBA star Allen Iverson is fighting the foreclosure of his $4.5 million Atlanta mansion.

The home was put into foreclosure last week after he reportedly defaulted on a $1.2 million mortgage, reports TMZ.

The mansion was scheduled to go up for auction December 4th, but Iverson has stalled the foreclosure by filing a lawsuit against the lender.

The former Sixers’ point guard claims that his estranged wife, whom which he is currently going through an ugly divorce with, intentionally signed for the mortgage, knowing Iverson would not be able to make the payments.

The foreclosure has been stopped until further notice.

Follow Carrie Healey on Twitter @CarrieHeals.

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Filed in: Atlanta, News, Sports | Related Topics: Allen Iverson, Atlanta, Foreclosure, Lawsuit, Mansion
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