Former Kiss star Ace Frehley is facing foreclosure on his New York home after allegedly falling behind on payments.

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The guitarist has reportedly not paid his Yorktown pad's mortgage since March 1, 2011, and now officials at the U.S. Bank National Association are taking action against the rocker.

According to local news publication, executives filed legal papers on Feb. 15 asking a court to order a sale of the house to cover the outstanding balance, which amounts to $703,582 plus interest, late fees and other expenses.

Frehley has also allegedly fallen behind on the property's county, town and school taxes -- in total he owes $18,558 stemming from the years 2011 and 2012.

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