Lil Kim's $3 Million Mansion In Foreclosure
It is probably the time of signing a recording contract, and the crank until the reality show.
Alpine, new jersey - This past week has not been the best for female rap stars who ruled the decade of the 90's. First Foxy Brown says she was swindled of $100,000 of precious stones (among other items that she nicknamed "the Fox "Vintage") and now Lil Kim is facing the possibility of losing its former $3 million mansion for non-payment.
Bossip reports that the Queen Bee mass in the County of Bergen, NJ the property is close to be delivered to HSBC Bank as part of the foreclosure process. HSBC is currently demanding the full possession of the mansion, as well as to all of the court costs paid on top of other damages to boot. Unless a resolution is met, the house will be auctioned off at a sheriff's sale.
Court documents specify that the 41-year-old, the rapper born Kimberly Jones purchased the luxury pad in 2002 and agreed to pay $9,935 but was sued in 2010, when the payments slowly began to stop. Kim and his legal time must return with HSBC and its referees, the next month after the initial negotiations in March failed to reach an agreement.
She is also still believes that she owes the IRS a six-figure sum of taxes.
The Alpine, new jersey area is a famous refuge for those who want privacy and easy access to the City of New York, all in a single blow. Kim has had Chris Rock, Tracy Morgan, Fabolous, Jay Z and Diddy as neighbors at one time or another.
Lil Kim has not released a commercial album in over a decade, but she did return to recording with a traditional mixtape titled Lil Kim Season is in March. HipHopDX gave a 3.3. classification, noting that his time has not blunted his lyrical dexterity, but it was not exactly a full-scale return all the same.