Wednesday, July 13, 2011

R. Kelly Faces Home Foreclosure in Chicago

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AP Photo/M. Spencer Green

Grammy award-winning artist R. Kelly is making headlines once again but this time the R&B singer of 'Trapped in the Closet' fame may actually lose his closet and all that goes with it.

According to Crain's Chicago Business, Kelly faces a $2.9 million foreclosure suit on his suburban Illinois mansion in Olympia Fields. Apparently a complaint was filed by J.P. Morgan Chase Bank against R. Kelly last month, after a year of missed monthly mortgage payments.

A friend of the singer disclosed that he stopped making payments in an attempt to force a modification of the bank's loan, a decision that ultimately left him with a hefty suit.

Source: http://www.theboombox.com/2011/07/13/r-kelly-faces-home-foreclosure-in-chicago/

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