Friday, June 6th, 2008

When The Checks Stop Coming In

Posted by Bossip Staff

Former Heavyweight champ Evander Holyfield’s cash situation is jacked-the-hell-up:

“[Holyfield's] Fayette County estate is under foreclosure. The home worth an estimated $10 million is set to be auctioned by a bank on July 1.

The mother of one of Holyfield’s nine children says he has missed two child-support payments. Toi Irvin, who lives in Clayton County, filed a petition for contempt in Fayette County Superior Court on behalf of her 10-year-old son (totaling $6,000).”

It’s time for Holyfield to man up and pay his baby-mama what’s due. That’s what happens when you spread your seed all over the damned place - handle your business. SMH.

More in foreclosure news:

Rickety-ass Ed McMahon is about to get locked out of his crib too:

“Ed McMahon may now lose his Beverly Hills home to foreclosure because he owes approximately $644,000 in payments on a nearly $5 million mortgage loan. Added to that fiscal fiasco is that American Express obtained a judgment against McMahon for just about $750,000 in unpaid bills, and a Washington-based company named Hix Inc. claimed he failed to repay a loan of $135,000. All tallied, McMahon, who earned millions over his 50-year career, is in debt for nearly $1.5 million.”

Heeeeeere’s a broke-ass!! His peoples are probably pissed the f**k off ’cause they know they ain’t gettin’ broke off when he belly-ups - they’ll be paying his debt off, with interest. Tragic.

Images via WENN

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Comments(74) on “When The Checks Stop Coming In”

  1. gravatar sickofit
    (Check me out!)

    blah

  2. gravatar Change is on the Way! YES WE CAN!!!
    (Check me out!)

    2nd

  3. gravatar Meather
    (Check me out!)

    I am just a bit curious..the magazine HOLLYWOOD GOSSIP reported his profile was found on the famous free interracial dating site Blacklatinmeet.com last week and he was seeking his sugar woman there. wow!!

  4. (Check me out!)

    4th? sigh… 9 kiids damn. the sad part is at one point i bet they thought baby= meal ticket…lollll

  5. gravatar sickofit
    (Check me out!)

    Meather get a real job! It must suck to sit around all day sending out spam letters and begging people to look at your website. Being the computer geek that I am how about I upload a virus onto your website.

  6. (Check me out!)

    People need to manage their money better. Evander’s place is beautiful and Ed needs to be ashamed, he has so much money and just got careless.

  7. gravatar sickofit
    (Check me out!)

    LOL, just think their are nine kids running around this world with that head. Oh LAWD.

    Men why do you get caught up in these kind of situations. 9 kids is just “re damm diculous”. Put a damm condom on. Stop playing the fool to these women looking for a pay day by having a baby. When will you guys learn to rap it up. This shit has gone on for far to long. Women teach your sons to stop the madness. Rap It Up

  8. gravatar NIKKI UNDERWOOD
    (Check me out!)

    Poor folks dont have a chance :(

  9. gravatar cdcdc
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    Amazing, I just saw their profiles on a famous on line dating site “tallhub. com”, they are hot member there, even many beautiful model there want to date with them !

  10. (Check me out!)

    can someone please advise me how to apply a pic to my gravatar?

  11. gravatar NIKKI UNDERWOOD
    (Check me out!)

    WyzePro…

    Go to Gravatar.com…I tried to put one up yesterday but it hasnt gone up :( so take my advice with caution….

  12. gravatar juju
    (Check me out!)

    make an extra 500-600 dollars a month

    cashcrate.com/592787

    all you have to do is sign up, create a user name and password, then check your e-mail and confirm your registration, after that you can start taking surveys for cash.

    Remember to put your correct address cause they mail out checks once a month.

    cashcrate.com/592787

  13. (Check me out!)

    I found your site on Google and read a few of your other entires. Nice Stuff. I’m looking forward to reading more from you.

  14. gravatar as seen on t.v.
    (Check me out!)

    damn Ed too bad Johnny’s not here to bail you out…maybe he should send in his Publishers Clearing House sweepstakes…and Evander no one is exempt from child support…so I guess we’ll see him coming out of retirement with a pay-per-view fight soon…maybe he and Mike Tyson can have a “We Broke” bout…i’ll call Don King and set it up pronto…

  15. (Check me out!)

    @Wyzepro

    Go to http://www.gravatar.com, and set up an acct. and a picture. Then open a bossip thread, put your information in on the bottom (and for website, type gravatar.com).

    I don’t understand, I hear these stories so often- how do you earn SO much money (ESPECIALLY BOXERS)and always end up in debt. I make barely enough and I don’t have these issues. Idiots.

  16. gravatar Kigali Weaves R4 Trannies
    (Check me out!)

    So it doesnt only happen to black folks? Shock!

  17. (Check me out!)

    Re…

    What I don understand is they (rich) get taxed less that us?!

  18. gravatar glok9n
    (Check me out!)

    HEEEEERE’S A BROKE ASS !!!LMBAO LOVE IT BOSSIP YALL GETTING CREATIVE!!!

  19. gravatar ELove
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    @re… HOW many people are living or trying-to-live off of your earnings, How many kids are you supporting and also How many attorneys, lawyers, financial advisors, Drivers, personal security, Mansion maintenace personnel, etc You’re paying on a Monthly-basis

    What I’m getting at is…
    IT is Very-Easy to be in THIS-Situation if you don’t surround yourself with People-that-you shouldn’t trust with your Money-n-Personal Interests AND Let’s-Be-Real Evander isn’t That Smart to begin with

    With ALOT-of-Money comes ALOT-of-Responsibilty to protect your Money and the Vast Majority of these cats don’t have a F-king CLUE how to go about doing this… And they don’t have ANY family members that can really assist them in getting that knowledge/exprtise to do so

    I clearly understand your point/logic BUT trust me it isn’t that hard for an individual to go from Rich-to-Broke ;-)

  20. (Check me out!)

    @ ELove

    Hey, I hear ya’ boo. I do think there are a good no. of celebreties (A-listers) that don’t have this problem. But I see your point, mos def.

  21. gravatar Cage
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    He won a few of his fights by headbutting, that knot is a weapon man… Oh shit, I met his neice through my homegirl in the Chi… Cool peoples.. As for Ed: lol lol lol oh well….

  22. (Check me out!)

    Un-huh…Holyfield was stylin and profilin a few years ago in that humongous house…now he’s broke…with a tribe of children he can’t support…another example of livin ghetto fabulous…

  23. gravatar Somer
    (Check me out!)

    A FOOL AND HIS MONEY WILL SOON DEPART!

  24. gravatar Kris Janelle
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    I feel bad for Ed McMahon…. He is old and recently broke his neck….

  25. gravatar ELove
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    @re… THAT no. you’re speaking of is Much-Smaller than you think. Denzel and Will Smith are the exceptions (Not the Norm) ALOT of Rich Celebrities are currently-or-have been in Hugh-Financial-Loss situations but Their-Peoples (lawyers, Attorneys, etc.) are Much-Better at assisting them in their recovery.

    Remember Donald Trump was in a WAY-WORSE situation than Evander not so long ago BUT he had strong relationships with a couple of banks and his Finacial-advisors (His-Peoples) worked over-time in helping him recover… He ended up securing a $500 million loan from a couple of banks and the rest is history… Back-To-Being-A-Billionaire again ;-)

  26. (Check me out!)

    Re…thank you very much!

  27. (Check me out!)

    test?

  28. (Check me out!)

    WyzePro & Re….

    This shit is not poppin’ for the kid :( HELP ME!!!

  29. gravatar Kittylicious aka Melaine aka I know you Bi****** Want What's Mine - FALL BACK
    (Check me out!)

    All I have to say is welcome to our reality; the reality where people have to decided to pay a bill or go food shopping. Thanks President Bush, you did a great job (making yourself richer)

  30. (Check me out!)

    this shit is slow and agg as f*ck

  31. gravatar Lush-Us Lipps
    (Check me out!)

    @ Bossip
    Heeeeeere’s a broke-ass!!
    _____________________________________________

    Bossip that ish wash funny!

  32. (Check me out!)

    @ nikki….you have the wrong address….use the one with all the extra stuff in it they give you when you check your avatar

  33. (Check me out!)

    roll your mouse over my name and you’ll see what I’m talking about

  34. (Check me out!)

    ??

  35. (Check me out!)

    WyzePro….

    Roll over my name…it does the same thing :(

  36. (Check me out!)

    Miss Underwood….you got it right….takes almost a half hour by my calculation….took that long for mine anyway…mine was just like yours is now….try refreshing your page and clearing your cache

  37. (Check me out!)

    nice pic by the way…..

  38. (Check me out!)

    WyzePro….

    ;) Thanks

  39. gravatar kai
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    Can someone tell me why these celebs finance thigns? lol

  40. (Check me out!)

    @ Kai…same reason everybody else does…..it’s easier to spend someone elses money…specially when you dont have to give it all back at once…why wouldn’t they have credit?…they are usually more credit worthy although rarely handle their own bookkeeping….they both probably let someone else handle their finances and just spend like water…people that need money usually never have it….people that have money usually never need it

  41. gravatar kai
    (Check me out!)

    WyzePro, I dont finance..my car is paid for and my house is about to be as well. I fear for losing my home…

  42. (Check me out!)

    kai….I applaud that….I own a couple of rental properties myself and think it’s important for people to have multiple streams of income and not be dependant on credit and financing…and we are in some strange times …and we need to be prepared lest we get caught off guard ….

  43. (Check me out!)

    WyzePro….

    You mentioned that they rarely do their own books. I think that their ‘help’ is more hurt.

  44. (Check me out!)

    Nikki….I agree…I think that’s how Snipes got in his mess…..

  45. gravatar NoWay
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    Well I know one thing he has a cookout in ATL every year at his estate and it is open to everybody (I went there myself one year) so he is not stingy. That said I doubt he would cheat his own child.
    He can not pay his baby momma if he can’t pay his own mortgage!!!

    What happened to praying for a brother and not assuming the worst? God bless that man!

  46. gravatar JOhn
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    All African-Americans should be forced to take economic and financial management/budgeting classes.

    This is pure nonsense.

    How could he lose all that money?

    (Don’t even ask, he had the biggest mansion in Atlanta at one time. No?)

  47. (Check me out!)

    WyzePro…

    Im going to lunch and if my pic does not show I give. Its been like two hours.

  48. (Check me out!)

    Nikki….yeah it’s not showing…. it’s been past time to show if it was going to…if I can help let me know

  49. gravatar ELove
    (Check me out!)

    @nikki… It’s not You
    Something is wrong with Bossip’s site today
    ALOT of commneters avatars/gravatars aren’t “showing” today for whatever reason (Including Mine)

  50. (Check me out!)

    Elove…

    Thanks…I was beginning to think I was El Retardo :(

  51. (Check me out!)

    Mayne Looky Here, fuck Holyfield’s money hungry ass Baby. These bitches make me sick. What in the hell does she need 3 grand a month for? Word to the Wise-”Protect your Stock”, these ho’s ain’t showin no love. I can’t stand these trifling ass baby mama’s trying to ride out off a nicca’s wallet.

  52. (Check me out!)

    this sucks? wanna know why? dude said he thinks I look like JHud…and I wanted to prove him wrong :(

  53. gravatar Lela
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    Why do people with millions feel the need to have so much? Just because you have 10 million, doesn’t mean you have to buy a 6 million dollar house. How much room do you have to have? Unless you plan on moving every family member you have into your house, there’s no need for 52,000 square feet. It all boils down to greed.

  54. (Check me out!)

    Nikki….Jhud aint got nothin on ya…. however now your pic isn’t even showing up…something is off today…..

  55. (Check me out!)

    WyzePro….

    I peeped. Im sad :(

  56. gravatar jimecap
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    Hate to hear this about Evander.

  57. (Check me out!)

    I can’t believe Ed and his crazy wife were on Larry King last night. I feel bad for the old man ’cause he’s been working all his life and now that he broke his neck he’s out of work. But, what I don’t get is why his wife doesn’t have a job. Thanks to those foolish people that put Bush back in office thousands of people are losing their homes.

  58. (Check me out!)

    As for Evander, He should take those hungry money hoes back to court and get his child support reduced because he obviously doesn’t have the stacks he used to have. What would make a man want to have 9 kids that is not the business

  59. gravatar tahira
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    I don’t feel sympathy for Ed McMahon. He shouldn’t of been sending junk mail to many homes, giving them false hope that they won $200 million in the sweepstakes. Many elderly people fed into this con game and purchased the necessary items thinking that they will be rewarded with millions. You reap what you sow.

    As far as Evander, he knew he wouldn’t be fighting forever. He should of managed his money properly, and saved for retirement. Many people will never see the millions he has earned over the years. He certainly shouldn’t have bedded all of these women and created all of these out of wedlock children.

    NEITHER OF THEM GET MY SYMPATHY!!

  60. (Check me out!)

    ….

  61. (Check me out!)

    WyzePro….

    !!!! It finally came on!!!! Thanks for your support throughtout the day :)

  62. gravatar Taz
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    I am PISSED!!! How the hell is oldazz Ed McMahon still got a mortgage on a piddly $5million house? Come on! The man is 85!!! WTF!!!!? What has he done with the Johnnie Carson, Publisher’s Clearing House and those insurance company commercial checks? Then you’re gonna try and tell me this is because of the economy and him breaking his neck 18months ago and he’s not able to work! HELLOOOOOO! HE’S 85!!! Retirement was 20yrs ago! Other people will try to protect their own. I went on all the major news media’s site and all of them printed the SAME story and gave the same excuses for oldazz Ed!

    Evander on the other hand is just another story of stupidity! 9 kids and all of that child support! He is definitely a “When the Checks Stop Coming In” poster child!

  63. gravatar kai
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    @ WyzePro Kudos to you for holding down more than one rental properties because I dont have the patience to deal with the 2+ lol. I have one that I am renting to section 8 and I AM STILL waiting on my first from the city thats supposed to cover 3 months. And the government-them and watching your FINGERNAILS grow is the same DAMN thing…

  64. gravatar Ms Sharmaine
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    These two make me sick. They have obtained millions and millions of dollars and spent every dime, without thinking of the future. Ed McMahon told Larry King that “things happened” like divorces. I thought it was a poor excuse for being broke. Holyfield says he can’t pay his child support. Nobody told him to have nine kids. I just don’t have tolerance for their stupidity. Average people can’t afford gas (me included) and these idiots spend millions only to loose their mansion. Please!!!! Give me a break.

  65. gravatar Its6amHoGetOut
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    Ive never had sympathy for Evander Holyfield because while he was fighting (still is) he kept saying the lords name in every statement he made, yet he was out making all those extra kids while married to that Doctor! So f*ck him!

  66. (Check me out!)

    Kai….one of my places is rented to section 8….dealing with them can be a nightmare…good luck

  67. gravatar honeychild
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    I don’t care both of them can go get some jobs now.

  68. (Check me out!)

    LMAO @bossip Ed McMahon is about to get locked out of his crib too

  69. (Check me out!)

    Namomi is my alter ego….I used to look a lot like her when I was younger/slimmer. I love her attitude, it sucks and she doesn’t give a damn!!!!

  70. (Check me out!)

    I HATE TO SAY THIS BUT I THOUGHT ED MCMAHON WAS DEAD. SORRY ED…………………….

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