Allen Iverson loses Atlanta mansion in foreclosure auction

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Allen Iverson with the Detroit Pistons in 2008. (Wikicommons)

Allen Iverson’s bad week just got worse, the former NBA star’s Atlanta home has been sold off in a foreclosure auction, according to TMZ.

The Hampton native allegedly defaulted on a $1.2 million mortgage, sending the $4.5 million home into foreclosure.

TMZ reports Iverson’s bank purchased the mansion yesterday for $2.5 million.

Earlier this week an Atlanta judge ripped Iverson’s parenting in a custody decree while granting a divorce from his wife Tawanna Iverson.

Read more at TMZ