WHAT, Where Did ALL Of His Money Go?

Michael "I used to be black" Jackson was on the verge of losing yet ANOTHER home! Where is all that "Thriller" money? Soaked up by lawsuits, settlments and lawyer fees we imagine! According to public records, Jackson repeatedly failed to make mortgage payments on his Encino, CA property.

Docs show that Jackson had almost $154,000 in missed payments (on a $4 million loan) as of January 17th. However, the default was withdrawn early February.

We say, he needs to get his shit together and start a show in Vegas or something ALA Celine or he'll be hittin' up Janet for a MAJOR Loan.