Soulja Boy has just discovered that he’ll have to part with a few assets — including his cash and his cars — to satisfy a debt he owes to his ex that totals more than a half-million dollars.
Court documents obtained by Radar Online reveal that the “Crank That” rapper will have to surrender his yellow Bentley, a red Lamborghini, a Dodge Charger Hellcat, and a yellow Mercedes-Benz. The court order, which was signed on Friday (September 29), states that he will also have to surrender a diamond-studded “Soulja Boy” neck chain worth $10,000 and a black Cartier watch worth $8,000, as well as all cash over $1,000, in order to satisfy a debt totaling close to $500,000, which Soulja’s ex Kayla Myers won in a lawsuit against the rapper.
The order also states that the Sheriff’s Department will enter Soulja Boy’s property at any given time to seize the property, and he is not allowed to interfere with the seizure.
Back in July, the rapper (real name DeAndre Cortez Way) revealed to the courts that despite bragging about all the money he makes and has made, he doesn’t own the home he lives in, and he has a debt to the IRS totaling more than $1 million.
What’s more, the “Kiss Me Thru The Phone” rapper admits that his assets are limited: he owns three cars (two worth $250,000 each, and one worth $100,000), has about $18,000 worth of jewelry, and $50,000 worth of stock.
He made these revelations in an attempt to prevent the courts from levying the punitive damages awarded to Myers — and, failing that, to throw the whole case out and get a retrial.
Both of these efforts were unsuccessful, and Soulja Boy has exhausted all of his appeals.
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hiphopdx.com
Court documents obtained by Radar Online reveal that the “Crank That” rapper will have to surrender his yellow Bentley, a red Lamborghini, a Dodge Charger Hellcat, and a yellow Mercedes-Benz. The court order, which was signed on Friday (September 29), states that he will also have to surrender a diamond-studded “Soulja Boy” neck chain worth $10,000 and a black Cartier watch worth $8,000, as well as all cash over $1,000, in order to satisfy a debt totaling close to $500,000, which Soulja’s ex Kayla Myers won in a lawsuit against the rapper.
The order also states that the Sheriff’s Department will enter Soulja Boy’s property at any given time to seize the property, and he is not allowed to interfere with the seizure.
Back in July, the rapper (real name DeAndre Cortez Way) revealed to the courts that despite bragging about all the money he makes and has made, he doesn’t own the home he lives in, and he has a debt to the IRS totaling more than $1 million.
What’s more, the “Kiss Me Thru The Phone” rapper admits that his assets are limited: he owns three cars (two worth $250,000 each, and one worth $100,000), has about $18,000 worth of jewelry, and $50,000 worth of stock.
He made these revelations in an attempt to prevent the courts from levying the punitive damages awarded to Myers — and, failing that, to throw the whole case out and get a retrial.
Both of these efforts were unsuccessful, and Soulja Boy has exhausted all of his appeals.
related news
Soulja Boy’s Ex Given Green Light To Seize His Cars & Cash To Satisfy $500K Debt
Soulja Boy has just learned that he'll have to pay his ex more than $500,000 somehow, even if that means parting with his cash and his cars to do so.
hiphopdx.com
