Get Cut Off Like Namond Brice Brehs ::Memphis Bleek Is No Longer A Millionaire, Files For Bankruptcy
- Thread starter KingsOfKings
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ZEB WALTON
ayo! - BEZ
While id like to think bleek filing cause he smart and has money somewhere..
Life is hard and shyt happens and bankriptcy is a easy way out of a difficult problem
Websites like this should be scorched from planet earth
Life is hard and shyt happens and bankriptcy is a easy way out of a difficult problem
Websites like this should be scorched from planet earth
FRIED MASON
Superstar
I thought he made a fortune off this :
Bleek u ain't slick....
beenz
Rap Guerilla
That book might be coming sooner than laterthis got anything to do with NORE podcast?
He's like D´uses official man, he's the one putting on all these different D'usse dudes all over the nation. From Tax stone to young promoters in the south. I mean, if Jay can pay 50k christmas bonuses to assistants, he can at least pay someone who generates money a minimum wage.
I figured he would eventually be in trouble when Jay and most big rappers stopped using hype men.
BK The Great
Veteran
Either Jay Z is dead and we’ve been bamboozled with a clone or Hov was lying when he said as long as he’s alive Memphis Bleek was a millionaire because the Brooklyn rapper filed for Chapter 13 bankruptcy. Apparently, things are so financially bad for the Memph Man that he only has $100 in cash, per a recent report.
Bossip got a hold of some court documents detailing Bleek’s financial situation and it doesn’t look good. In a petition Bleek filed on March 14 in US Federal Court in New Jersey, the 38-year-old rapper lists his assets — a $250,000 Jersey house, $14,000 Chevy Impala, $5,000 wedding rings and $2,000 in clothes — as totalling $274,000, while his liabilities total $350,000. The Get Low rapper owes $335,000 on his New Jersey house, $24,000 on his Chevy Impala and $22,000 owed to Uncle Sam and Monmouth County Superior Court.
Bleek, whose last album,534 dropped in 2005, does collect royalty checks, but not nearly enough, earning the rapper just $571 a month.
The docs reveal Bleeks’ income has taken a major hit in recent years. He said he only made $5,113 in wages during the first three months of 2016, and brought in just $15,747 for 2015 and $16,960 in 2014. His music royalties came out to $6,686 for 2015 and $6,949 for 2014. He listed his occupation as self-employed and runs “Get Low Touring,” which reportedly earns him $5,340 a month.
As for what’s Bleek spending his money on every month, the former Roc-A-Fella artist’s mortgage is over $2,250. $400 also goes to food and housekeeping, $250 goes to alimony/support payments, $516 goes to his car payment and a host of other bills.
Bleek said he only has $100 in cash and currently has $0.00 in his business account.
Guess we’ll just have to wait for Jay’s death to find out whether that whole “and even if I’m dead he’s in my will somewhere” is true or not.
(via Bossip)
Bossip got a hold of some court documents detailing Bleek’s financial situation and it doesn’t look good. In a petition Bleek filed on March 14 in US Federal Court in New Jersey, the 38-year-old rapper lists his assets — a $250,000 Jersey house, $14,000 Chevy Impala, $5,000 wedding rings and $2,000 in clothes — as totalling $274,000, while his liabilities total $350,000. The Get Low rapper owes $335,000 on his New Jersey house, $24,000 on his Chevy Impala and $22,000 owed to Uncle Sam and Monmouth County Superior Court.
Bleek, whose last album,534 dropped in 2005, does collect royalty checks, but not nearly enough, earning the rapper just $571 a month.
The docs reveal Bleeks’ income has taken a major hit in recent years. He said he only made $5,113 in wages during the first three months of 2016, and brought in just $15,747 for 2015 and $16,960 in 2014. His music royalties came out to $6,686 for 2015 and $6,949 for 2014. He listed his occupation as self-employed and runs “Get Low Touring,” which reportedly earns him $5,340 a month.
As for what’s Bleek spending his money on every month, the former Roc-A-Fella artist’s mortgage is over $2,250. $400 also goes to food and housekeeping, $250 goes to alimony/support payments, $516 goes to his car payment and a host of other bills.
Bleek said he only has $100 in cash and currently has $0.00 in his business account.
Guess we’ll just have to wait for Jay’s death to find out whether that whole “and even if I’m dead he’s in my will somewhere” is true or not.
(via Bossip)
Cel 510 kid ados forever
Veteran
nikka broke..Dam. it be like that. he should of invested. he wasn't gonna have a long career
Beyoncé has her own money and together they're worth like a billion dollars. I highly doubt he's got to answer to her for financial decisions.Hov didn't have a wife when he said that though. Awe fukk it that nikka could cut a nice check to Bleek and she won't even know
I believe 14k is what he's paid on the car so far. Considering his payments are just over $500 a month and he's been doing that for 2 years (assuming he bought it new in 2014)
Grizzly
Home Run Hitter
Yup... Warehouse Music Group/Rocnation
I aint wanna burst nikkas bubble all the way with that but trust... Bleek is GOOD
OnlyInCalifornia
Southern California/Vegas
Why blame Jay-z? Maybe Memphis Bleek didn't want hand outs anymore and tried it on his own?
NansensuToko
Pro
what the hell is this D´uses shyt y'all keep mentioning?
Guarantee bleek has more money than all the posters in this thread combined.
