The rapper is now seeking Chapter 11 bankruptcy so that she can reorganise her $4 million debt and make payments that will allow her to to keep her home.
- Jul 14, 2018
AceShowbiz - Rapper Lil Kim is pleading with a judge in an effort to keep her New Jersey mansion from foreclosure.
The Crush on You hitmaker began experiencing financial issues with the home in 2010, when it was reported that bosses at HSBC Bank had initiated foreclosure proceedings on the sprawling property, which she purchased in 2002 for $2.3 million (£1.7 million).
In May, the rapper filed legal papers for Chapter 13 bankruptcy, but she is now seeking Chapter 11 bankruptcy so that she can reorganise her $4 million (£3 million) debt and make payments that will allow her to to keep her home.
"I remain committed to saving my home and reorganising my debts," she recently told the judge, who has yet to rule on Kim's request, according to The Blast.
