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Lil Kim files for bankruptcy

Lil Kim files for bankruptcy

Lil Kim has reportedly filed for bankruptcy in New Jersey. According to TMZ, it happened last month when she claimed she’s in debt $4 million.

TMZ reports that, the legal docs show Kim owes $2 million on a loan for New Jersey crib and a little more than $1.8 million in unpaid taxes. She’s also looking at a hefty legal bill of $186,000.

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The Queen Bee is supposedly working on a new album, which could potentially help with her debt
There is a hearing scheduled for July and in the meantime, she’s offered to pay $5,500 a month to a creditor to sort it all out
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About baydorz

Adedokun, Adebayo is a Nigerian. Graduated from Bowen university with a second class upper in the department of mass communication. With over 6years of experience in the communication world. Making a difference bearing in mind that objectivity is prime in communication.

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