Thursday, May 16, 2013

KISS: Ace Frehley to fight New York home foreclosure

Ace Frehley is fighting a foreclosure action on his New York home.

The Journal News reports the former KISS guitarist faces a June 11 foreclosure conference at Westchester County Court in White Plains, NY regarding his home. If he or his attorney can’t attend, the court must be informed a week beforehand, according to the May 8 notice.

In February, U.S. Bank National Association claimed in a foreclosure filing that the rock star, whose real name is Paul Frehley, stopped paying his $735,000 mortgage on March 1, 2011. U.S. Bank National Association is a trustee that manages the asset-backed securities tied to Frehley’s home mortgage.

Frehley’s White Plains attorney, Daniel Seymour, declined to discuss his client’s case Thursday but said that he’s in an active discussion with the bank.

“Paul is doing well,” said Seymour, adding a message for Frehley’s fans: “Keep the faith and there are more good things to come.”

On Thursday the Yorktown Tax Receiver’s Office said that all back taxes on the home had been paid.

State law requires foreclosure settlement conferences for any case begun after Feb. 13, 2010. At the conference, the court will discuss the parties’ rights, determine whether the parties can reach a resolution to avoid foreclosure, evaluate settlement options like repayment schedules and plan subsequent court proceedings if needed.

Ace Frhely Ace Frehley

See also:

KISS: Ace Frehley’s New York home in foreclosure
Ace Frehley to hold private guitar signings in Las Vegas
Ace Frehley: Signed signature guitar straps available
KISS: Ace Frehley working on second memoir
Ace Frehley announces summer tour dates
Ace Frehley working on new book and album
Ace Frehley cancels UK dates after fracturing wrist
Ace Frehley debuts on New York Times Best Sellers List
VIDEO: Ace Frehley New York book-signing event
VIDEO: Ace Frehley on The Today Show
Former KISS guitarist brands Gene Simmons a sex addict
VIDEO: Ace Frehley falls off stage in New York
VIDEO: Ace Frehley rocks NYC
KISS: First look at Ace Frehley autobiography