If R. Kelly can remember the lyrics to all 22 chapters of "Trapped in the Closet," could he have conceivably forgotten to pay the mortgage on his home? According to a legal complaint filed last month in a Chicago court (via Crain's Chicago Business), the R&B singer (born Robert Kelly) hasn't made a monthly payment since June 2010 on the 11,140-square-foot mansion he built 11 years ago. J. P. Morgan Chase Bank has filed a $2.9 million foreclosure suit for Kelly's failure to pony up on the original $3.5 million loan, which was issued in 1999.
A source tells Crain's Kelly stopped living in the Maros Lane mansion in Olympia Fields, Illinois, a year ago and halted payments intentionally to encourage the bank to renegotiate the terms of the loan. If so, that plan didn't work out so well. Quoting an Assessor estimate, Crain's reports the gated home -- which includes a lot of bathrooms (six full, seven half-baths) -- was valued at a high of $5.2 million 2009, but a year later it was onlyRead More »from R. Kelly Hasn’t Been Paying the Mortgage on His Massive Mansion