Tuesday, January 17, 2012

Bank Foreclosing On O.J. Simpson's Florida Home

O.J. Simpson is joining the ranks of tens of thousands of Florida homeowners who have lost their homes due to foreclosure.  The AP reports that court records in that state show that in September JP Morgan Chase filed for foreclosure on the disgraced football star's home near downtown Miami.

Unlike many of those people who have been displaced, the "Juice" still has the Big House to reside in.

Simpson, 64, is serving a 9-to-33-year prison sentence in Nevada for his armed confrontation and robbery of sports memorabilia dealers in 2007 in a Las Vegas hotel.  He bought the 4,200-square-foot Florida house in 2000 for $575,000.

The four bedroom, four-bathroom structure is currently assessed at $478,401.

The former NFL running back and actor was acquitted in 1995 in Los Angeles for the slayings of his ex-wife, Nicole Brown Simpson, and her friend, Ronald Goldman.  Simpson has been struggling financially ever since a civil jury ordered him to pay $33.5 million for the wrongful slaying of Goldman.

The Goldman's family is still trying to collect on that judgement.  They get residual payments from his movie performances in films like "The Naked Gun" series.  Chances they will ever get all of the money are slimmer than Simpson's acting skills outside of the courtroom.

The Goldman family attorney David J. Cook told AP the foreclosure is "no surprise at all."

"It was just a matter of time before he would lose the house," said Cook.

Besides the film residuals, Cook claims that Simpson made $750,000 for a ghostwritten book.

"If I Did It" reportedly sold about 150,000 copies he said.

AP says an attorney has filed to have the foreclosure procedure dismissed, but there hasn't been any action since November.

This is one foreclosure story that won't break too many hearts.

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