"AMERICAN Idol" winner Fantasia Barrino may be the latest victim of the financial crunch - her $1.3 million North Carolina home is in foreclosure.

Barrino, whose rags-to-riches rise was chronicled in a Lifetime channel movie she starred in herself, is accused of defaulting on a $58,000 loan from a shadowy Florida corporation, according to court papers.

The company, called Broward Energy Management, loaned Fantasia an undisclosed sum to pay back taxes she reportedly owed the IRS, according to its lawyer, Laurence Goldman.

The singer never paid back the full amount she borrowed, Goldman said.

The lawyer refused to provide any information on Broward Energy, citing client confidentiality, but a records search showed that the address of the company is a modest, private residence in Weston, Fla.

Freddy J. Chacin is listed as the manager of the company. Efforts to reach him were unsuccessful last night.

Court papers show that the huge 6,500-square-foot house, which Fantasia bought last year for $1.3 million, will be auctioned off Jan. 12.

Records show she took a $1-million mortgage on the property in Charlotte from the Bank of America. Goldman said that Barrino never answered the complaint against her and a judge ruled for the plaintiff by default.

A woman who answered the door at the house and identified herself as a relative of Fantasia claimed the whole thing is a misunderstanding.

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