Wednesday, July 13, 2016

Memphis Bleek Files for Bankruptcy


Jay Z's right hand man Memphis Bleek files for chapter 11 bankruptcy...

Memphis Bleek longtime bff to Jay Z has filed for bankruptcy claiming only $100 in cash.

According to reports Bleek filed for bankruptcy in U.S. Federal Court in New Jersey back in March listing $274k in assets including a home in New Jersey, wedding rings, a Chevy Impala, and clothing.

In the filing Bleek claims to earn just $5,911 a month while his expenses total $5,377 month leaving him with just $534.

Bleek owes $355k on his mortgage, $24k on the Chevy Impala, $9k to the IRS, and $13k to Monmouth County Superior Court.

A ruling on the bankruptcy is pending.

How could this happen when Jay Z bragged about taking care of Bleek for the rest of his life on the 2005 Diamonds Sierra Leone remix?
“Bleek could be one hit away his whole career/ As long as he’s alive, he’s a millionaire / And even if I die, he’s in my will somewhere / So he can just kick back and chill somewhere / Oh yeah, he don’t even have to write rhymes...”

7 comments:

Anonymous said...

Jay got his own problems. He still trying to get rid of TIDAL, and no telling if/when the divorce happens which in that case he'll need all his coin. They just went to his wedding too so it's not like Jay and Memph aren't cool anymore.

Anonymous said...

When living life on credit goes horribly wrong!
I use a cash to credit ratio and use 0% or very low rates to buy things bUT always have money to settle debt if needed.

This is just common sense. No advanced degree is needed for this.

Anonymous said...

This guy makes less than me a month and I am a secretary!

Mortgage :1,300
House worth 346,000 Paid 143,000 when purchased.
Car Notes:two own 4
Cavalier, Malibu,(Paid) (Paying on:300, and a Dodge Truck)
Total Monthly combined car payments 435.00
With utilities like everyone else.
Why the fuck can't these celebrities balance they fucking money? Us common folk do this all day

Anonymous said...

@11:43

That's cause he's living off residuals, he isnt currently working lol

Anonymous said...

Jay Z taking care of Meek. lmfao. Jay Z and Beyonce is together because they deserves one another. They are just alike. They don't care about nobody other than themselves. Memphis shoulda been somewhere working on music or producing. Never rely on the kindness of strangers.

Anonymous said...

^ But Memphis wasn't a stranger or did you not read.

Anonymous said...

Hay also said he gave his old homie Calvin Kline 1 million in a record and it wasnt true
Jay z just got the gift of gab

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