Rapper Struggling To Stay In Her NJ Mansion
Lil Kim has been dealt a major blow in her battle to save her New Jersey mansion.
The pint-sized rap star has been unable to reach a deal with the bank that would keep her in the upscale property. A lawyer for Kim – who was born Kimberly Jones – met with a mediator and reps from HSBC Bank last month in Bergen County, NJ, but they couldn’t come to an agreement on how much Lil Kim would have to pay back in order to stay in the home, according to court papers. The “Not Tonight” rapper wasn’t present for the meeting, but her lawyer was and did the negotiating on her behalf.
“Foreclosure action unresolved – no agreement reached (case not dismissed),” Kim’s court papers – obtained by BOSSIP, say.
HSBC Bank sued Kim in 2010, alleging she made a deal with them in 2002 for a $1.5 million mortgage for her Alpine, NJ home, and promised to make the $9,935 a month payments. But the bank said Lil Kim but stopped paying all together in 2009. The bank wants her out of the house and the home sold at a Sheriffs Sale.
The rapper didn’t respond to the suit, and in December 2015, a judge put her in default. Since then, she’s been trying to handle her debt through mediation, but to no avail. The bank doesn’t play with foreclosures, and at anytime, a judge could step in and continue the foreclosure process.
Kim’s home foreclosure isn’t the only money problem she’s grappling with: last year, the IRS slapped a tax lien for $126,805.