Posted: July 24, 2012 at 12:54 pmAUTHOR: SheiFunmi
Apparently, Common may lose his luxury apartment in Chicago after failing to meet up with his mortgage payments since March.
TMZ obtained legal documents stating that Common and his manager, Derek Dudley obtained the condo in 2008.
Meanwhile the Bank Of America claim the pair have failed to make their monthly mortgage payments of $2,285 since March.
Reports say the Bank may reclaim the apartment after which it will be sold to recoup the missing mortgage payments, plus interest and penalties, which total $345,389.
Representatives of Common were contacted but refused to make statements.Jul 24, 2012