Bossip reports that the Queen Bee's massive Bergen County, NJ property is close to being surrendered to HSBC Bank as part of the foreclosure process. HSBC is currently demanding full possession of the mansion, as well as all their court costs paid on top of other damages to boot. Unless a resolution is met, the home will be auctioned off at a sheriff's sale.
Court documents specify that the 41-year-old rapper born Kimberly Jones purchased the lavish pad in the 2002 and agreed to pay $9,935 but was sued in 2010 when the payments slowly began to come to a halt. Kim and her legal counsel are due back in with HSBC and its arbitrators next month after the initial negotiations in March failed to reach an agreement.
She is also still believed to owe the IRS a six-figure sum in back taxes.
I'm sure he could help a girl out
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