Less Money, More Problems: Chad Johnson Facing Foreclosure

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Last friday, Chad Ochocinco Johnson, 34, was arrested for allegedly head-butting his wife, Evelyn Lozada,after an argument over a condom receipt escalated to the point of no return.  Since that time, Johnson has been cut from the Miami Dolphins, fired on national television, lost out on revenue from his shelved VH1 reality show, “Ev & Ocho” and a lucrative endorsement with Zico coconut water. Now, the wide-receiver — more in the media for his moves off the field, rather than on the field these days — is reportedly facing foreclosure.

According to the documents [discovered by GossipExtra.com’s Jose Lambiet], the 34-year-old former Miami Dolphin has failed to pay the monthly $863 maintenance fees on his $400,000 condo on the 16th floor of Two Midtown Miami since June 2009. Johnson owes $28,703 in back payments.

Additionally, the court documents also indicate that Johnson “is making ends meet” with a $150,000 mortgage he just received from two Palm Beach County investors, Michael Pomerantz and dermatologist Patrick McPoland.

His arrangement gives him until June 2015 to pay the principal back.  As collateral, Johnson used a $350,000 Miami Springs home he purchased for one of  his children’s mother.Johnson’s 14-year-old daughter, Jicyra, voiced her continued love for Lozada and her 19-year-old daughter Shaniece on Twitter.

@Jicyraa_Carter: ”Regardless about what happen about this weekend , I will always love my daddy & Evelyn. Forgive & forget.”
@ShanieceH Forever & Always. I love my sister”
Shaniece reciprocated the love with a shout-out of her own:

Always. I love her to death. RT @NeNe_Weaver: I hope@Jicyraa_Carter and @ShanieceH stay close like sisters!

While everyone is making light of the 41-day-old marriage, the relationship was a lot longer than that. We won’t say that we hope they can get back together; but we do hope that everything ends up as it should for Johnson, Lozada and their children.

 

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