If you thought things couldn't get worse for Chad Johnson, you were mistaken. The backlash of his domestic abuse arrest continues to be detrimental and it seems as if every other day there's a new development that shows the effects of his mishap. He's lost his job, an endorsement, and possibly his wife who has filed for divorce. Now he's on the verge of having a condo foreclosed on.
Reports say that the former wide receiver hasn't paid the monthly $863 maintenance fee on a Miami condo since 2009. The owners of the building got into contact with the Miami Dolphins' organization and informed them that the apartment would be foreclosed on if Johnson didn't pay off his $31,000 debt.
His financial issues continue to come to light as well. Further reports say that Ochocinco turned to private investors to take out a loan which totaled $150,000. It is said that he gave up one of his houses as collateral in order to secure the loan. To make matters worse, the divorce Evelyn Lozada filed will only cause more financial troubles.
Source: theurbandaily.com
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