(EXCLUSIVE) Ex NBA Star Speedy Claxton Loses NY Home In Foreclosure

Speedy Claxton

Speedy Claxton

theJasmineBRAND.com exclusively reports, Speedy Claxton blew off a legal battle over his New York home for months and as a result the ex-NBA star has been ordered to vacate his pad, with the judge giving the green light to the mortgage company to foreclose on his home and sell it off at public auction.

Here’s the backstory: Nationstar Mortgage filed a foreclosure lawsuit against the Speedy aka Craig Claxton in New York Court. Back in 2007, Claxton took out a $540k mortgage to purchase a home in Queens.

The company explained the NBA star failed to make his mortgage payment on April 1st, 2015 and every month after that. The balance owed on the New York home – at the time of the lawsuit being filed – was $478,328.69 plus interest and late charges.

They filed suit demanding they be allowed to foreclose on Claxton’s home and kick the NBA star to the curb ASAP.

Meeka Claxton, Speedy Claxton

Meeka Claxton, Speedy Claxton

Then last month, the mortgage company headed back to court and demanded the judge grant them a default judgement — due to Claxton blowing off the entire case and never bothering to show up to court. The home in Far Rockaway, NY is listed as having 8 bedrooms, 4 bathrooms and is over 3,000 sq. ft.

Here’s the latest: Then on May 12th, docs were filed in the case which show the company’s motion was granted in its entirety giving them the power to kick Claxton to the streets and sell off the pad at public auction to the highest bidder.

Speedy has had a rough couple years, with the former NBA star currently battling it out with his soon-to-be ex-wife/Basketball Wives star Meeka Claxton in a nasty divorce that has been going on for over a year. The divorce is still pending in New York court.

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Authored by: TJB Writer