Back in December it was revealed that Allen Iverson’s Atlanta Mansion was on the auction block after he defaulted on several mortgage payments.

[READ: Iverson May be “Broke & Homeless” But He Still Has His Maybach…]

Well apparently Iverson never coughed up the dough to keep his lavish mansion, so his bank has officially foreclosed on the huge home!

[FLASHBACK: Inside Allen Iverson’s $4.5 Million Mansion… (PHOTOS)]

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Allen Iverson and his wifeTawanna have been battling each other in Atlanta divorce court for some time now.

The two finally came to an agreement on the terms of their lengthy on again/off again divorce, but only after Iverson asked Judge Bensonetta Tipton-Lane to step down, citing he was getting the same treatment as Tameka Foster Raymond.

To clarify, Iverson’s wife was represented by John Mayhue, the same attorney who represented Usher and the same attorney who Tameka’s attorney claimed had formerly held fundraisers for the judge (click HERE if you missed that).

Judge Tipton-Lane refused to step down in Iverson’s case, however both parties through their attorneys eventually reached a settlement decision i.e. how Mr. Iverson’s 18 million dollars would be divided up as part of their marital assets.

Fast forward a month later… and the Judge has lit into Iverson about what a horrible, irresponsible parent he is to his 5 children.

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