Tuesday, July 23, 2013

Jermaine Dupri Takes Another L


Seems like Money is always a thing for Jermaine Dupri.

A few months ago news leaked that Jermaine was about to lose the entire So So Def music catalog after he leveraged it for a loan [click here if you missed that], then he was thisclose to losing his house [click here if you missed that] and now he just lost a big bucks lawsuit...

Back in 2011 Jermaine Dupri's Lamborghini Murcielago got repossessed and the broker who financed the car slapped JD with an $80,000 lawsuit for the balance of the loan [click here if you missed that].

It's time to pay another piper Jermaine.

The finance company was just awarded a default judgment of $80,000 because Jermaine never showed up for court.

22 comments:

Anonymous said...

1 dont these fools know they need to go to court. stupid!

Anonymous said...

OMG I was first #Nita_FBaby

Anonymous said...

J.D is a L

Bee Gee said...

This brotha's status has gone from JANET to JANITOR. C'mon..

Anonymous said...

Wow. That's all I can say.

Anonymous said...

A d.l. LMAO!!!

@topic: So!?

Mad News said...

Years ago when the money was rolling in I remember him saying in an interview that the mother of his child did not need to work (they were not together at the time) as he would always be in a position to take care of her financially.

I just hope she had the good sense to get herself a job....

Anonymous said...

The Lucky Charms Leprechaun stays losing.

Anonymous said...

He needs to ask Da Brat, Lil Bow Wow, xscape, dem franchise boys, or j kwon for money. Who I'm I kidding, these niggas are just as broke as he is.

Anonymous said...

@10:24 am, LMAO!

Anonymous said...

I don't like to relish in the rise & fall of others...but it's obvious that he hasn't "down-sized" his lifestyle trying to maintain status...you can't ignore court, if you don't go you have no chance if you address issues head on then you can make arrangements or possibly win the case...this has to be the most embarrassing thing to have your financials posted publicly...
#moneyaintathing

Anonymous said...

And that chick SHEREE had the nerve to have a baby..lol

Anonymous said...

I wonder if he is still going to the strip club making it rain?

Anonymous said...

How sad. Sadder still is that if when things began to go south he could have downgraded and probably lived a nice quiet life forever. This is why I don't care what anyone says Kandi has it all right financially. Buy you a house that may be modest for a "baller" but exceptionally nice by the working folk standard. The excess is just ridiculous.

Anonymous said...

He let his best career move get away from him.....not getting Janet pregnant .

So, So, Def said...

Agree with 11:25am, this is a dam shame when this keeps happening over and over to the rich and famous. It makes no sense! Us common folk not only think about next week, we look at next month just in case something happens we are able to maintain our finances.

These fools, spend their riches on poppin bottles, making it rain, expensive clothes, paying for V.I.P at the clubs, jet setting all over the world to shop and eat.

Do these nuckle heads know, that the waves only rides so long before it hits the surface and flat line?

When the money is no longer flowing in, you need to hang back and slow down.

Why keep opening major lines of credit when you don't have no cash flow? This nigga is so, so, def!

Haterade said...

These fools know nothing about saving money. They just spend and spend...and then they wonder why they go broke.

Anonymous said...

I see a reality show coming mark my words

Anonymous said...

Can't say I feel sorry for him. Hopefully this will humble him. He has f*cked over a lot of his former artist. All that bragging and flossing he did and now what does he have to show for it. Taking out loans to get out of debt is NEVER a good idea when you are already in way over your head.

Anonymous said...

Did he really need a Lamborghini? In order to stay rich is to look rich is a myth.

Anonymous said...

He's been known to have done some awful things to people in the business, so I'd like to think all of what is happening to him is just plain ole KARMA for dat ass.

Anonymous said...

How come he can't ask janet for a loan? janet probably has most of his money anyway! Just sayin'............

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