‘Girls Gone Wild’ Honcho Joe Francis Faces Mega-Foreclosure


Exclusive 0920_joe_francis_home_celebrityhomesJoe Francis” money problems are compounding — 7 months after “Girls Gone Wild” declared bankruptcy, his bank has started foreclosure proceedings on his Bel Air compound.

The estate is sick … worth an estimated $11.4 mil.

According to JPMorgan Chase Bank … Joe has slacked off on mortgage payments to the tune of $127,686.91.   

In addition to Girls Gone Wild filing for bankruptcy … Joe”s also been ordered to personally pay $19 million to Vegas casino mogul Steve Wynn. And we”re not even gonna mention the jail sentence hanging over his head.

Calls to Joe weren”t returned.