We know that Michael Jackson has a lot of financial troubles, most of which stemming from the money pit more famously known as Neverland ranch. The King of Pop reportedly paid a $600,000 Neverland tax bill last week. However, the payment still doesn’t cover the $23 million for which Jackson still owes in loans he’s taken out against Neverland. A source claims that the millions in loans is already two weeks past its foreclosure deadline which means that Jacko could be taken to court by those creditors any time. The last thing he needs is to get sued for money we all know he doesn’t have.