Wednesday, July 13, 2011

R. Kelly Facing Foreclosure On His Chicago Mansion


How is this possible?! Doesn't he have like a boatload of $$$$$. Or did a lot of it go toward legal fees over the years? And by 'legal fees", yall know what I mean!

R&B crooner Robert "R Kelly" reportedly owes $2.9 million on his suburban Chicago mansion that was purchased in 1999 for $3.5 million, according to Crain's Chicago Business.

The lawsuit filed by JP Morgan Chase last month in Cook County Circuit Court states that Mr. Kelly  hasn't made monthly mortgage payments since June of last year.

June of 2010? I wonder why it wasn't snatched earlier! Does it take a full year to put someone out of their house for non-payment?

Kelly's spokesman, Allan Mayer, declined to comment about the foreclosure. But he tells The Associated Press that Kelly isn't in financial trouble.

Then why not pay your mortgage for a year? Confused....

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