Friday, May 26, 2023

Tasha K Files for Bankruptcy


Last year notorious Youtube gossip vlogger Tasha K was ordered to rapper Cardi B $4 million in damages after Cardi sued Tasha for defamation of character [click here if you missed that]. 

In totally unrelated news, Tasha just filed for Chapter 11 bankruptcy...

Official documents obtained by The Neighborhood Talk show Tasha and her attorney declared Chapter 11 bankruptcy on May 25, 2023. What does that mean exactly? A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. The plans are designed to keep the business operational during and following the bankruptcy process.
With any application such as this one, a list of assets is required. We learned that Tasha currently has $95 in her chase account. A total of her personal property including purses, cars, clothes, engagement ring, business related properties etc., was equal to $58,595.56. She currently is not being evicted from her home.

Fun Fact: The Bankruptcy Code says that debts based on liability “for willful and malicious injury by the debtor to another entity or to property of another entity” are specifically excluded from the scope of the bankruptcy discharge.

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