By: Mira Kelley
Curator - Blogger - Aspiring Photographer/Writer/Visionary - Social and Legal Enthusiast
It's hard out there in New Jersey. Lil Kim is currently fight for her financial stability and Juelz Santana who recently was facing up to 20 years in prison for an airport gun charge is doing the same. According to sources Lil Kim has racked up close to $4 million in debt. Kim has already filed for chapter 13 bankruptcy soon. This coming after her New Jersey place of residence was foreclosed upon. The grammy award winner still owes $5 million in back taxes and $200,000 in lawyers fees.
Bossip.com says that Juelz Santana's home is also on the line. The rapper is being taken to court by Wells Fargo bank for being several months behind on his mortgage. This is the second time in two years that Juelz Santana is facing foreclosure. According to the source:
"Juelz bought the 2,300 square foot condo in 2005 for $540,000 and financed it in part with a $486,000 mortgage with 8.5 percent interest rate, his mortgage states. He agreed to make monthly payments of $3,754 for 30 years to pay for the home."