Dina Lohan’s Long Island Estate Close to Foreclosure
If Dina Lohan weren’t already facing a drunk driving rap, this news might be cause enough to knock back a few shots of Tequila! The Lohan family matriarch is reportedly on the verge of losing the $1.3 million Long Island mansion she calls home.
The New York press has gotten its hands on a scoop which claims JP Morgan Chase Bank has filed a foreclosure lawsuit against Lindsay Lohan’s momage in an effort to recoup on a defaulted loan. Dina, 51, has reportedly been trying to keep the Merrick home out of foreclosure since 2005. Last fall, Lindsay — who completed her latest court-ordered rehab stint in August — even lent her mom $40,000 to keep creditors at bay.
But financial ruin has slowly creeped its way back into the Lohan fold. According to court documents, Dina “has failed to comply with the conditions of the mortgage…by failing to pay portions of principal, interest or taxes, assessments, water rates, insurance premiums, escrow and/or other charges.”
Written by Castina on September 20th, 2013 | Tagged as: Dina Lohan