The actor and his wife defaulted on more than $824,000 to their mortgage holder

By People Staff
June 12, 2009 02:35 PM
John M. Heller/Getty

The foreclosed Rockland County, N.Y., home of recent The Celebrity Apprentice and I’m a Celebrity … Get Me Out of Here! contestant Stephen Baldwin is being put up for public auction June 24.

The actor, 43, and his wife (since 1990), graphic designer Kennya Baldwin, paid $515,000 for the 1.4-acre home in 1997. Three years ago, the couple tried unsuccessfully to sell it and reportedly defaulted on more than $824,000 in payments to mortgage holder Bankers Trust Co., according to the Associated Press.

In addition, according to Gannett News, unpaid state and federal taxes on the property may add up to the tens of thousands.

There has been no comment from the Baldwins.
Stephen M. Silverman
from Huffington Post
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