Biography & Early Wealth Journey

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As if that weren't bad enough, Cosby is also facing foreclosure on another nearby townhouse, about ten blocks away, where his late son Ennis lived before his death back in 1997. An LLC associated with the Cosby family is being accused by CitiMortgage of defaulting on a loan of some $4.2 million, of which they say Cosby still owes $3.7 million, plus interest and fees. That home is estimated to be worth a little under $6.8 million.

The financial issues that would lead to possible foreclosure on two townhomes that Cosby has owned for decades all stem from his fall from grace connected with a number of accusations of sexual assault. In 2018, he was sentenced to a lengthy prison term on three counts of sexual assault, but his sentence ended up getting overturned a few years later.

Primary Income Streams & Multi-Million Contracts

After getting out of prison, Cosby and his wife have largely stayed put in a suburban home outside Philadelphia which they purchased in 1983 for $225,000. But they have held onto their New York properties, too, even as it seems they aren't exactly able to keep paying for them.

Cosby is also facing several lawsuits that are now pending, also stemming from allegations of sexual misconduct.