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Lil’ Kim files for Bankruptcy

BellaNaija.com

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Lil' Kim files for Bankruptcy | BellaNaija

Lil Kim

Grammy-winning rapper Lil’ Kim is reportedly owing some massive debts and has filed for bankruptcy.

According to NY Daily News, following a bank’s foreclosure of her mansion in Alpine and the US Government saying she owes $1.47 million in back taxes, the rapper filed for Chapter 13 protection on May 8.

However, court documents revealed she owes about $4 million in debts.

She reportedly owes $664,474 in house payments and $376,346 in New Jersey state taxes, with her gross income dropping from $823,659 in 2016 to $398,000 in 2017.

1 Comment

  1. B

    June 9, 2018 at 7:11 pm

    With all those surgeries and little or no money coming in, what do we expect?

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