Is The ACE Family in debt?

The current saga with their house, dates back to May 2021, when a debt-collection company served them a notice of default which stipulated that they had 90 days to pay back $8.7 million to a lender to whom the family owed money, Insider reported.

Why did The ACE Family lose their mansion?

In 2021, YouTube stars Austin and Catherine McBroom made headlines for allegedly being involved in a number of lawsuits and legal issues. The most notable among these were claims that the family was facing eviction from their $10 million home as documents leaked online that hinted at foreclosure.

Why is The ACE Family losing their house?

The couple revealed they had been unaware of this for two years. In the video, Catherine McBroom added that the contractor had got the architect and realtor on board to ‘scam’ them. The family also stated that they were not issued a certificate of occupancy and had already started construction.

Who did Austin McBroom not pay?

Along with the surplus lawsuit brought against Austin McBroom’s Social Gloves, media company LiveXLive was being sued by Social Gloves. McBroom claimed that the organization, their digital media partner for the event, was withholding funds to pay the boxers.