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Allen Iverson Loses Mansion To Foreclosure, Accused Of Being A Bad Dad

Allen-Iverson

My how Allen Iverson has fallen from grace. After being accused of being a bad parent by a judge who ripped into him for showing little interest in his five children, and getting officially divorced after a long drawn out battle, the former baller has lost his Atlanta mansion due to foreclosure.

According to TMZ, the judge wrote that one-time league MVP “does not know how to manage the children; has little interest in learning to manage the children and has actually, at times, been a hindrance to their spiritual and emotional growth and development.”

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The decree goes on to state that Iverson has “left the children alone without supervision. He has left his young daughters in a hotel room with men who are unknown to the mother.

And today the site is reporting that Iverson’s Atlanta home has been sold off in a foreclosure auction. He allegedly defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure.The bank purchased the mansion yesterday for $2.5 million.

Damn!

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