La Toya Jackson — an older sister of the recently deceased “King of Pop,” Michael Jackson — is facing foreclosure on a 1,856-square foot condominium unit located on the 27th floor at Regency Towers inside Las Vegas Country Club in Nevada.

ReviewJournal.com reports that the singer/songwriter, who is perhaps more recognized for her famous family and two spreads in Playboy in the early 1990s, is in default with an unpaid balance of $750,000. She purchased the home for about $260,000 in 1996.

It’s possible that Jackson has no intentions of rescuing the condo from the auction block — she reportedly moved all of her belongings out of the residence back in August. Other reports indicate that Sept. 30 is the possible date for a future foreclosure sale.

La Toya, 53, is not the first or only Jackson to miss mortgage payments.

Michael was at the center of perhaps the most famous celebrity foreclosure story ever when his sprawling Neverland Ranch in Los Olivos, Calif., was teetering on the edge of repossession. He avoided foreclosure in the eleventh hour by selling a major interest in Neverland to a real estate investment company, Colony Capital, which entered into a joint venture with Jackson to renovate and re-sell it.

For what it’s worth, Dr. Conrad Murray — the man at the center of the investigation into Michael Jackson’s death — is also in danger of losing his 5,268-square-foot home in the exclusive Red Rock Country Club in Las Vegas to foreclosure.

Stay tuned to Foreclosure.com for more updates on La Toya’s foreclosure situation as it unfolds. To read about even more celebrity-related foreclosures click here.

Dr. Conrad Murray — the man at the center of the investigation into Michael Jackson’s death — could lose his Las Vegas, Nevada, 5,268-square-foot home in the exclusive Red Rock Country Club home to foreclosure, according to the Associated Press.

The report indicates that Murray “racked up a debt of more than $100,000 plus penalties since his last $15,000 payment in January” and could forfeit the two-story residence to the lender as soon as Nov. 2009.

Foreclosure, however, may be the least of his concerns at this time.

Murray was with Jackson at his home when he suddenly died last month at the age of 50 as a result of cardiac arrest. Speculation has run rampant that Murray, Jackson’s personal physician, may have possibly contributed to his death with a lethal dose of anesthetic Propofol.

It’s important to note that the Los Angeles County Coroner’s Office has yet to release its official autopsy findings into the cause of Jackson’s death. Furthermore, even though his home and office have been searched by law enforcement officials, Murray has not yet been publicly named as a suspect in the ongoing investigation.

More on Murray’s foreclosure situation at 2426 Grassy Spring Place as it develops … stay tuned.