Lil Kim Loses Mansion To Foreclosure
Lil Kim
Lil Kim Loses Mansion To Foreclosure
Not so good news for Lil Kim. According to Bossip, a judge OK’d the foreclosure of her North Jersey mansion. According to the site,
A Bergen County, NJ judge recently ordered Lil Kim’s home’s foreclosure after the mom of one abruptly stopped fighting her bank’s lawsuit against her. HSBC Bank sued the pint-sized rapper – real name Kimberly Jones – in 2010 after it claimed she stopped paying the nearly $10,000 a month mortgage on her palatial Alpine, NJ estate the year before. HSBC said she made a deal with them in 2002 for a $1.5 million mortgage for her mansion, and promised to make the $9,935 a month payments. But the bank said Lil Kim but stopped paying altogether in 2009, and wants her out and the home sold at a Sheriffs Sale.
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Smart move Kim. That house is prolly worth half of what she bought it for in 2002. What fool in their right mind would keep paying on something that is worth less than half of its original value. She prolly can go right up the street and buy the same house for pennies on the dollar. I bet you the mortgage company mad as hell that they are stuck with it now.
plastic surgery and designer dubs cost.