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Bank Files Lawsuit To Take Dina Lohan’s House: Foreclosure Moving Forward

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The bank is moving forward with foreclosure proceedings on Dina Lohan‘s $1.3 million Long Island home, RadarOnline.com is reporting.

According to LongIslandPress.com, JP Morgan Chase Bank filed a foreclosure lawsuit against Lindsay‘s mother on August 28 with Nassau County clerk’s office to recoup the defaulted loan on the home.

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Lohan “has failed to comply with the conditions of the mortgage…by failing to pay portions of principal, interest or taxes, assessments, water rates, insurance premiums, escrow and/or other charges,” the court docs state.

As Radar previously reported, a process server delivered court documents in February with intent to foreclose on the Merrick, New York, mansion.

Lohan’s financial problems have been well-chronicled throughout the years, as the show biz parent, who’s reportedly more than $1 million in the red, was previously on the brink of foreclosure both last year, and in 2005.

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If Lohan fails to settle with the bank, the home could go up for auction.

On September 13, Lohan was arrested in New York for a DWI when authorities determined her blood alcohol level to be 0.20, more than double the legal limit of 0.08.

Lohan, 50, was traveling at “a speed of 77 mph in a 55 mph zone,” in her white BMW before officers apprehended her,New York State Police said in a news release.

A pal close to Lindsay told Radar after the arrest, “Lindsay’s really pissed about her mother. She even said her mother ‘is a f**kin child and she needs to be supervised… She said, ‘And you wonder why I can’t take advice from these people,’ referring to her mom and dad.”

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