Lil' Kim Files for Bankruptcy

  /  06.08.2018

It’s all about the Benjamins for Lil’ Kim.

The rap superstar filed for bankruptcy in New Jersey last month, according to TMZ. She claims she’s $4 million in debt.

According to court documents, Kim owes $2 million on a loan for her New Jersey home and $1,845,451.74 in unpaid taxes, in addition to $186,000 for legal fees.

She wants to settle the case and has offered to pay $5,500 a month to a creditor. A hearing is scheduled for July.

Kim has been working on a new album, her first since 2005’s The Naked Truth, set for release on Entertainment One/Queen Bee Entertainment. In March, she dropped her latest single “Spicy” featuring Fabolous, for which a video is due soon.

Kim joins other hip-hop stars who have filed for bankruptcy including DMX, Ms. Lauryn Hill, and her “Magic Stick” collaborator 50 Cent.

TRENDING

Metro Boomin Addresses Speculation About Drake And Future's Alleged Beef: "Stop Making Stuff Up"

Metro Boomin told fans to “stop making stuff up for engagement” without clarifying whether he ...
03.25.2024

New Photos Of Drake Go Viral Following Kendrick Lamar's Verse On "Like That"

Social media fans claim that Drake looks stressed following the release of Kendrick Lamar’s new ...
03.23.2024

Cardi B Threatens To Sue LAPD After They Allegedly Made Her Get “Butt-Naked” During Investigation

“I was freaking out,” Cardi B detailed the incident. “They had me outside for like ...
03.26.2024

Twitter Users Hilariously React To Tyla Rejecting Kai Cenat During Livestream: "We're Friends"

After Kai Cenat asked the “Water” singer on a date, she lightheartedly responded, “Are you ...
03.25.2024
View More

Sponsored Stories