Lil Kim’s Alpine, NJ residence which sits valued at $3 Million, is reportedly on the verge of foreclosure after failure to keep up with the house’s monthly payments. After documents leaked, they reveal that the rapstress has a mortgage of $9,935 per month, since she purchased the home in 2002.
HSBC Bank sued her in 2010 after she started to fall behind on payments and now she’s due back in court with HSBC and its representatives in June, after they failed to reach an agreement during their March negotiations. HSBC is asking for full possession of the property as well as court costs and if the dispute is not resolved in the June court date, the house will be auctioned off.
Kim also reportedly owed the IRS back taxes as high as $120K last year.
