Kimberly Denise Jones, more commonly known as Lil’ Kim, has filed for bankruptcy due to her mounting debts, overdue mortgage payments and unpaid taxes. Following the foreclosure of her $4 million.
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Kim’s original case intended to either keep the home or leverage it against her debt, but now the hip-hop star is pushing to save her residence by changing her bankruptcy case. Kim is trying to now change her case from a Chapter 13 to Chapter 11. Chapter 11 is for businesses and the very wealthy.
Lil Kim Asks for Bankruptcy Case to be Dismissed. Around this time last year, Lil Kim filed Chapter 13 bankruptcy as a move to save her New Jersey mansion. watch full episodes of The Diamond K.
Rap legend Lil Kim is fighting to save her New Jersey home and pleaded with the courts to reevaluate her bankruptcy case. The "Came Back for You" artist. debt. However, the rapper is now.
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; AceShowbiz – Rapper Lil’ Kim has offered to sell her house to pay off the $4 million (3 million) debt she owes to creditors in new bankruptcy court filings.. The Crush on You.
Rapper Queen, Lil’ Kim has filed for bankruptcy amid a $4 million debt and plans to sell her New Jersey mansion to pay back her debt. According to The Blast, the rapper whose real name is Kimberly Denise Jones, filed for Chapter 13 bankruptcy last month, claiming debts of $4,084,841.60, as she owes $1,845,451 in back taxes.
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Lil’ Kim’s finances appear to be back in order. According to court documents obtained by The Blast, the 44-year-old rapper requested that a judge dismiss her bankruptcy case because her lawyer.
Lil Kim reportedly filed for Chapter 13 bankruptcy last month after incurring over $4 million of debt.. According to legal documents obtained by The Blast, the Hip Hop vet has assets totaling.
Well, Lil’ Kim has gone the route of our current president, who himself has filed for bankruptcy between four and six times. Days before a bank foreclosed on her 6,000-square-foot gated mansion in early May, the platinum-selling rapper filed for Chapter 13 protection in a New Jersey court. Not.
After lil’ kim filed for Chapter 13 bankruptcy last month, a new report says the filing may not even go through. News of the rapper’s filing emerged earlier in June, with TMZ reporting the.