dora_da_destroyer
Master Baker
Dude better get a damn job, you made 5g's over 3 months...yea, it's time to call UPS...or Hov 
Get Cut Off Like Namond Brice Brehs ::Memphis Bleek Is No Longer A Millionaire, Files For Bankruptcy
- Thread starter KingsOfKings
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- memphis bleek
MalikX
Superstar
You trying carrying a bum on your back for 20 years.
Gave him the best alley oop/platform you could be given in hiphop. Dude just could get hot, couldn't get a fanbase.
Gave him "Dear Summer"
All of that exposer and connect and Memphis couldn't flip that into anything?No record label, club or nothing?
Just stand around and watch everyone else make moves for 20 years breh.
Basically. Man.....ain't no nikka gonna be sitting around taking care of another grown ass man. I know I wouldn't. All of them nikkas are idiots depending on another man to be their livelihood. What would they be doing right now if Jay-Z never made it big? or if Jay-Z died tomorrow? Tie your financial standing to another man brehs...
It's all good talking that "I'll take care of you for life homie" shyt when you're 25. In your 30s and 40s.....bushes nikka. Best of luck
It's hard as fukk to make $100,000 a year. Let alone millions. You ain't sharing the $100,000 you making with your homies. Why you gotta share the millions YOU made. To make the kinda money Hov got, you gotta sacrifice, do things nobody wants to do, work harder than everyone else, exactly how long is somebody gonna be doing all the work and then sharing with a bunch of nikkas lying around doing nothin but, sucking up air because they grew up together? Not long. That's why all those guys eventually distance themselves from their broke homies. You a sad excuse of a man if you're in your 30s and 40s talking about you're not successful because [insert rich friend] didn't give you any money 
MalikX
Superstar
I mean He's one of the few nikkas Hov bird fed and he fukked it up like this?
I think that's why Hov was so hands off with J. Cole and wanted to make him stand on his own. He saw how some nikkas (Bleek) depended on him to survive. And truthfully, they should've never been in rap. Because nobody liked him really as a rapper. He was being propped up by his connection to Hov. Hov did him nor Bleek any favors with that. I guess that's why he doesn't help rappers anymore.
newworldafro
DeeperThanRapBiggerThanHH
Mike Otherz
All Star
All my nikkaz from the mud damn near all my nikkaz millionaires. 
Yeah he's definitely pulling a fast oneshyt don't seem right to me
BodeineBrazy
hehehehehehehehehe
Bankruptcy in general was created to protect the rich bro. Broke nikkas cant go Bankrupt. People play to much monopoly man.
BodeineBrazy
hehehehehehehehehe
bleek hit crack on the jack.....
let me dumb it down for u
memphis bleek called fat joe on the phone
lmao these white boys dont be understanding shyt
HARLEM AL
Your broad loves me.....
Something about black people filing it.
Black people file it= Broke
White people file it= Smart for relieving their debt
nikkas still think they on the Plantation with their thinking.
He's filing a 13. That's just a domestic level BK.
Damn hows his mortgage basically 150% of his house value? Housing market really fukked up in the U.S.
Beek always seemed like a good low key cat hopefully he's got a plan here.
Beek always seemed like a good low key cat hopefully he's got a plan here.
The Devil's Advocate
Call me Dad
it ain't about what you believe... it's about what you can prove
all the judge can do is send out the federal money men, to go through your finances, assets and job pay.... from there they will determine how much you are worth... then they will add up all the debt you owe..
if the debt you owe, is a lot greater than what you are worth, you are bankrupt.
people clown 50... the judge said in plain english, you are worth 20 million something... but he owes 30 million... so is he broke??? fukk no... he's got 20 million worth of assets
and none of this accounts for your man's letting you hold 10 milly off the books... money you made off the books... assets in family members names that really yours... etc etc.. unless you did this shyt blatantly right before you filed, who's to say you didn't buy your mom a 10 million dollar home 5 years ago.... yea you live there... but it's in HER name... that's HER assets... not yours
then there's also different kinds
- Chapter 7. Liquidation Under the Bankruptcy Code
- Chapter 9. Municipality Bankruptcy
- Chapter 11. Reorganization Under the Bankruptcy Code
- Chapter 12. Family Farmer Bankruptcy or Family Fisherman Bankruptcy
- Chapter 13. Individual Debt Adjustment
- Chapter 15. Ancillary and Other Cross-Border Cases
Chapter 7 is the one you don't want... when they start selling off everything you own and shyt
most of the people file 11 or 13.... which just allows the court to lower what you owe and put you on a payment plan... it's really not that serious
most of the people file 11 or 13.... which just allows the court to lower what you owe and put you on a payment plan... it's really not that serious
