Bank claims DMX ‘abused’ bankruptcy system to nix Mt. Kisco home foreclosure

TRD New York /
May.May 15, 2019 04:57 PM

Compass Bank claims that rapper Earl Simmons, better known as DMX, is “abusing” the bankruptcy system to keep a foreclosure sale of his Mount Kisco home from happening, the Daily Voice Plus reported. The bank alleges that Simmons and his wife filed several bankruptcy petitions after defaulting on their mortgage; it also claims the couple now owe it more than $900,000. “Access to the automatic stay is a privilege,” the bank said in a pleading cited by DVP. “The debtor has abused that privilege and can no longer be permitted to obstruct Compass’ state court rights.” The couple purchased the home for $649,000 back in 2000, the outlet reported. [DVP]


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