In a move to help the struggling King of Pop, Debt.com has offered Michael Jackson an opportunity to dodge financial ruin in exchange for an official endorsement of the leading debt solution site.

After defaulting on a $23 million loan and failing to meet a November 15 deadline to pay $3.8 million to his former manager, Jackson is more than one month into a 90-day countdown to losing Neverland Ranch. And contrary to his publicist’s claims, he is nowhere near paying off his debt. In fact, despite an anticipated album release in 2008 and rumors of a Jackson 5 reunion tour, Wacko Jacko is virtually bankrupt.

“This is something we’ve seen time and time again from celebrities too proud to stay within a reasonable budget,” said Todd Cook of Debt.com. “But I think it’s safe to say that Michael Jackson has set a new precedent for truly and irreversibly ruining his life, shattering previously held records by such hard-falling celebs as MC Hammer, Boy George and Vanilla Ice.”

Jackson has until January 19 to rescue Neverland Ranch and save face – or at least what’s left of it.

“Paying off the $23 million loan is the most crucial move at this point,” said Cook. “Michael Jackson needs to take a long, hard look at the ‘Man in the Mirror’ and accept that he needs more than just financial assistance. We are willing to hold his gloved hand and nurse him back to financial health in exchange for his endorsement.”