Jackson to Sell Home to Pay $750,000 Judgment

Prison-bound former Congressman Jesse Jackson Jr. plans to sell his home in Washington, D.C., to help pay a $750,000 forfeiture judgment — part of his sentence for illegally dipping into his campaign coffers and spending the money on rock 'n' roll memorabilia, furs capes, vacations, TVs and scores of other personal items.

The Chicago Democrat's attorneys and federal prosecutors mentioned the plan in a joint filing Friday in U.S. District Court in Washington. The three-page document adds that the cash-strapped son of civil rights leader Jesse Jackson would need more time to come up with money to pay the judgment.

Jackson, 48, is expected to enter prison within several weeks for the 2 1/2-year prison term that was imposed in August. His wife Sandra, a former Chicago alderman, was given a yearlong sentence for filing false income tax returns related to the misspent funds — though out of consideration for the couple's two school-aged kids, she'll serve her time after her husband is released.