Gossip website Radar Online is reporting:
Former KISS rocker Ace Frehley might need to kiss his home goodbye after a bank has accused him of not paying the mortgage.
U.S. Bank National Association claims Frehley, who was the lead guitarist during the heyday of the famed heavy metal band, stopped paying the mortgage on his Yorktown, New York, house nearly two years ago, The Journal News is reporting.
In a February 15th foreclosure filing, the bank asked the court to order a sale of the house to pay for the outstanding principle of $703,581.48 plus other charges. In 2006, the rock star borrowed the money for a single family home on just over three acres that has three bedrooms and three bathrooms. The 2,441 square foot house has two floors.
Records also reveal Frehley’s house has almost two years of unpaid taxes, according to The Journal report.
Frehley, 61, left KISS for good in 2002 after the group’s purported “farewell tour.” In a 2009 interview to promote his solo album, Anomaly, he said he had kicked drugs and booze.
source: radaronline.com
32 Responses
i’m hoping and praying that ace takes care of this once and for all. love you ace i’m still waiting for you to play in indiana. xoxo always, jessica
How dose something like this happen in the first place? He had a great album out that had huge sales and a pretty good tour why would someone sober up just to screw up other aspects of his life is’nt that what getting sobers all about.
Ace lives in San Diego, Ca. He moved there probably around the time he stopped paying the mortgage on the aforementioned property. Due to the collapse of the real estate market he could have been underwater on the house and did what a lot of people do. He’s never shown himself to be a businessman as he has declared bankruptcy prior to reuniting with kiss. Don’t feel sad for him. He’s blown more money than you and I can ever dream to make in our lifetimes combined. I don’t think ace is sitting around feeling sorry for us.
Steve’s right, Ace has consistently blown opportunities for many,many years. I think Paul and Gene are greedy jerks…but they’re out there still busting their ass, for better or worse, they’re still active. Ace has released how many albums in the past 20 years? He’s not a road dog either. His situation sucks, but my God, he’s no victim here.
Feel sorry for him? You people are idiots! Another drunk, coke head who threw his money away, and did nothing to plan for the future. Gene, and Paul need to bail him out and give him money? You morons probabkly voted for Obama! Hey Ace, I have no sympathty for you.
All class… Some people have it all figured out huh?
right on man! he’s a talentless racist bum who Eddie Trunk can ‘t even sell
Too bad… A man who’s made so much for the music…