Music
Lil’ Kim files for Bankruptcy
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.
