Lil Kim Loses New Jersey Mansion to Foreclosure

A Bergen County, NJ judge ordered Lil Kim’s home’s foreclosure after she abruptly stopped fighting the lawsuit brought against her by HSBC Bank.

lil-kim-house

The suit alleged that Kim stopped paying the $10,000 a month mortgage in 2009. As of January 2017, the bank said she owed a total of $1,929,358.88 on the mortgage, including interest and taxes. It is not clear why she stopped paying as she had a decent year in 2016 after her stint on the Bad Boy Reunion tour. She is also fighting the IRS after they hit her with a tax lien in 2015 for $126,805.

It is my belief that the original Queen B will bounce back from this, tough times don’t last but tough people do.

 

 

Source Bossip

 

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