Thursday, May 16, 2013

Former KISS Rocker Ace Frehley Has Foreclosure Conference

www.lohud.com 

Former Kiss rocker Ace Frehley has paid overdue property taxes on his Yorktown home but continues to fight a foreclosure action.

The guitarist faces a June 11 foreclosure conference at the Westchester County Courthouse in White Plains regarding his home at 1347 Spring Valley Road. If he or his attorney can’t attend they must inform the court 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-based attorney Daniel Seymour declined to discuss his client’s case Thursday, but said that he’s in 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.”

In his April 2 response to the foreclosure filing, Seymour asked the court to dismiss the action because it was improperly served, among other objections. According to court records, Frehley was served with the foreclosure action on April 12 at a Marriott Hotel in Burbank, Calif.

In February Frehley's house had almost two years of unpaid taxes, according to the Yorktown tax receiver's office, which hadn't received a payment since Dec. 30, 2011. Back taxes included a 2011 lien of $5,131.61 for town and county taxes, as well as $13,425.94 for unpaid 2012 county, school and town taxes.

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.

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