Actor Kevin Spacey To Lose Baltimore Home To Foreclosure Auction On Thursday!
Actor Kevin Spacey revealed that he’s millions of dollars in debt. He can’t pay his bills. Therefore, he’s moving his belongings into storage ahead of an auction Thursday of his waterfront Baltimore home.
Spacey broke down crying discussing his financial problems during an interview with the British broadcaster Piers Morgan.
Spacey has been living in the $5.65 million mansion for seven years. The property has been listed as “Baltimore’s most extraordinary home.”
The distinctive house of 9,000 square feet floats on a pier in the Inner Harbor. The actor moved there while filming the hit Netflix series “House of Cards.”
He told Morgan that he owes millions of dollars and is considered filing for bankruptcy. Spacey’s monthly mortgage payments had been set at $20,230. However, he fell behind after he was fired from “House of Cards.”
Courts On Two Continents Acquit Actor Kevin Spacey
He was later sued in Manhattan for allegedly making a sexual advance on a teenage boy in the 1980s. A jury sided with Spacey in the case.
Nine months later, a London jury acquitted Spacey of another sexual assault. The actor told jurors in London that he had been out of work for six years since the first sex abuse allegations came out against him.
A debt collection agency filed the foreclosure case against Spacey two years ago. The auction had been set for February. However, it was postponed for mediation which is mandatory under Maryland law.
Court records show his attorneys at least twice participated in mediation. However, they have been unable to avoid the public sale.
His homeowners’ association has also filed a lien against the property for $31,000 in unpaid monthly assessments.
In recent months, Spacey has eased back into public view and granted more interviews. He returned to acting last year, albeit with a voice-only part, in the December release of “Control.”
“What are you going to do?” Morgan asked him Tuesday.
“Get back on the horse,” Spacey said. “Get back on the horse.”
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