KISS Guitarist Ace Frehley Facing Foreclosure on $735k Mortgage

[Wangold]

Wow after hearing those vids it's sounds as if he's tone deaf...no wonder he's bankrupt

No shit. The guitars sound sour too. (out of tune)

[Mr Vengeance]

I have a digital copy of the TV movie "Kiss Meets the Phantom of the Park." I actually watched it on TV back in the 70s. I think I read somewhere that Ace was either so fucked up or out of it during filming that they had to have another actor dub his lines.

No, Ace was fucked up so they just had him make weird noises. Peter's dialogue had to be dubbed by a voice actor because he was fucked up and refused to go back into the studio for overdubs.

[ZeroZed]

No, Ace was fucked up so they just had him make weird noises. Peter's dialogue had to be dubbed by a voice actor because he was fucked up and refused to go back into the studio for overdubs.

I stand corrected! I knew there was some fucked up shit...it's been awhile since I watched that steaming pile of shit. Don't get me wrong, I loved Kiss back in the 70s. Shit, I even had that Marvel comic book printed using their blood!

[Mugsysam]

I would have believed that the KISS rocker would have a steady stream of royalties with all of the LPs, then CD's touring and other royalties from the KISS Coffins, KISS Condoms and KISS Lunchboxes that Gene Simmons peddles.

Ex-KISS Guitarist Is On The Brink Of Losing His Upstate New York Home

By Mandi Woodruff | Business Insider – 3 hours ago

Right on the heels of the Lohan family's brush with foreclosure, a former KISS rocker is the latest celebrity in mortgage trouble.

Ace Frehley (nee Paul), who played guitar for KISS in the 80s and late 90s, is on the hook for $735,000 worth of missed mortgage payments on his Yorktown, N.Y. home, the The Journal News reports.

The news surfaced after his bank, U.S. Bank National Association, filed a foreclosure claim on Feb. 15.


And the mortgage issue is just the beginning.


Frehley has neglected nearly two years' worth of unpaid property taxes, according to the Journal News. That includes 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."


If Frehley can't come up with the cash, chances are the bank (or the county) will wind up selling the home at auction. And from what little information we have on his case, we're willing to bet that's exactly what Frehley wants.

Frehley reportedly stopped paying on the home two years ago, just a few years after he took over the title on the 3-acre, 2,441 sq. ft. pad back in 2006. Many underwater homeowners –– those who owe more on their homes than they are actually worth –– choose to cut their losses, stop making mortgage payments and simply wait for their mortgage lender to foreclose.


In the meantime, they can start putting their resources into a smaller home or apartment they can afford.


The foreclosure process can take anywhere from under a year to more than two years to complete, so it makes sense we're only hearing of Frehley's foreclosure notice now.

How is this even possible? KISS are the prostitutes of the Music Industry. There is nothing they won't do for money. And having said that-they've made a lot of it? How can this even be?

[BOXofROX]

How is this even possible? KISS are the prostitutes of the Music Industry. There is nothing they won't do for money. And having said that-they've made a lot of it? How can this even be?

Drugs are very expensive these days

[knu3421]

its pretty much the kiss of death

[Wangold]

Drugs are very expensive these days

Let's not forget, Paul and Gene are joos. They got the majority of the $$$$$$$

[Mugsysam]

Drugs are very expensive these days

Really is that the reason? I am not a fan of KISS, never have been, so I really don't follow the goings on of the band. Other than like I said-they've never met a dollar-or a way of getting a dollar-that they didn't like. And I could swear I read or saw Gene Simmons say in an interview somewhere that he and his band members don't drink or do drugs-that it's the "band policy". If it's over drugs-given the amount that they've made over the years-how is he even still alive?

[Mr Vengeance]

Ace certainly pissed away a lot of money on booze but he still has to have cash coming in from royalties. He wrote some of the songs. "Cold Gin" being one. After leaving the band though, there were a lot of years he wasn't getting KISS type money. The reunion tour would have put a bit if money in his bank, but at that point he and Peter were just employees of Gene and Paul's. So it wasn't like they were splitting revenue four ways.

[Atomic Wedgie]

How is this even possible? KISS are the prostitutes of the Music Industry. There is nothing they won't do for money. And having said that-they've made a lot of it? How can this even be?

A couple of things, Ace may have just decided not to pay the mortgage because it's a bad investment, perhaps he's cutting his losses. And I'd imagine Peter and Ace no longer get any royalties from the sales of Kiss merchandise. I bet Paul and Gene bought them out.

The Rolling Stones did the same thing to Mick Taylor, basically fucked him out of all royalties on all the classic tracks he helped write and play on.

[Ben Dover]

I have a digital copy of the TV movie "Kiss Meets the Phantom of the Park." I actually watched it on TV back in the 70s. I think I read somewhere that Ace was either so fucked up or out of it during filming that they had to have another actor dub his lines.

Ace was actually replaced in some scenes by a black actor in Ace's makeup. No joke. It's in Gene's book. Some days Ace didn't want to show up to the set, so they used a black guy with similar body features.