Dame Dash Files for Bankruptcy as He Claims He's $25 Million in Debt and Has Just $4,350 to His Name

lib123

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How do a nikka with no motion accrue 25 mil of debt and only have 4k to they name. Like who is loaning him such large amounts to even accrue that debt. If you only had 10k to your name you wouldn't even be able to run up a million in debt before everybody just told you no
Looks like 19 million of it is taxes. The other 6 is probably what his name was worth, so I can see him being 6 million in debt.

His bankruptcy filing lists $19.8 million in federal and state tax debt, $650K in child support and $4 million in a default judgement from a defamation lawsuit.
 

lib123

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I can’t even comprehend how dame can be broke like real talk I need a documentary. Maybe he dumped his assets to his kids or a trust or something but still.




Couldn’t even go to the club with dame and pop bottles. Bill come out he looking at his phone and shyt like he got a text.

He was never as wealthy as reported. Even Dame admitted he was never worth the $300 million Forbes listed as his estimated net worth at his peak. He probably peaked at $100 million 20 years ago.
 

Kyle C. Barker

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Nygga popped the Best bottles, partied on the best yachts, fukked the baddest Bytches, had the best record Label...rubbed elbows with the most Influential people...had all the money and STILL don't have teeth......


My Broke regular ass got Teeth, though...


Shyt BOGGLES my mind, breh....


You low key one of the funniest motherfukkers on tlr

:dead:
 

benjamin

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F9tqKIy.gif
 

King Poetic

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Nygga popped the Best bottles, partied on the best yachts, fukked the baddest Bytches, had the best record Label...rubbed elbows with the most Influential people...had all the money and STILL don't have teeth......


My Broke regular ass got Teeth, though...


Shyt BOGGLES my mind, breh....

Dumb nikka

It’s like suge

U had the showtime lakers with pac, snoop and dre with doc as a writer with a young dogg pound, rage and others

But DOC said in a interview suge was so mesmerized by casino and goodfellas and wanted to do the same shyt

u bring ex cons /criminals up to a business and you don’t think that shyt will collapse your business
 

beenz

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The music executive and entrepreneur, 54, filed for Chapter 7 bankruptcy in Florida on Thursday, Sept. 4, listing his total liabilities at $25.3 million, according to court documents obtained by PEOPLE.
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The documents say Dash’s domestic support obligations are more than $647,000, and he owes the government $19.1 million in taxes and other debts. Dash owes hundreds of thousands to his ex-wife Rachel Roy, with whom he shares daughters Ava, 25, and Tallulah, 17, as well as Cindy Morales, the mother of his son Lucky, 21, and Linda Williams, mom to his son Boogie, 33.

$19M to the govt????? :huhldup:
 
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