Bankruptcy

Is The Black Lives Matter Organization Going Bankrupt?

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Several reports have confirmed that Black Lives Matter’s investment accounts lost over $10 million in value, forcing them to report a significant loss. BLM, a nonprofit organization, had a 88% drop in public donations and experienced an $11.75 million decrease in net assets. Visit streaming.thesource.com for more information The nonprofit’s latest Form 990 shows that […]

Young Buck is Requesting Donations From Fans On Instagram

As one of the members of one of the most celebrated supergroups it’s virtually impossible to believe that any of G-Unit’s members, current or former, is having any sort of financial hardship. Now, it’s been confirmed controversial member Young Buck has resorted to asking for handouts from his fans on IG. Visit streaming.thesource.com for more […]

JCPenney is the Latest Retail Giant to File for Bankruptcy

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Following J. Crew and Neiman Marcus, J.C. Penney has begun to file for bankruptcy protection. CNN reports the 118-year old company approved bonuses of $1 million or more to its top four executives before filing. Visit streaming.thesource.com for more information “At J.C. Penney, we are making tough, prudent decisions to protect the future of our […]

J. Crew Files for Bankruptcy Due to Coronavirus Outbreak

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Clothing brand J. Crew is filing for Chapter 11 bankruptcy according to new reports. According to CNN J. Crew is the first National U.S. retailer to declare bankruptcy due to the COVID-19 outbreak. Visit streaming.thesource.com for more information J. Crew like every other clothing retailer was forced to close stores during the outbreak. The clothing […]

Da Brat Reportedly Struggling with $7 Million in Debt, Files for Bankruptcy

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There is still a little more than a month before Jermaine Dupri and his So So Def family reunite for The So So Def 25th Anniversary CULTURAL CURREN$Y Tour. But one family member is reportedly facing financial troubles. Visit streaming.thesource.com for more information According to reports from The Blast, Da Brat has filed for chapter 11 bankruptcy. […]

Lil’ Kim Fights In Bankruptcy Court To Spare New Jersey Mansion

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Brooklyn rap legend Lil’ Kim is pleading with a bankruptcy judge to stop the sale of her mansion as a part of her bankruptcy case. Visit streaming.thesource.com for more information According to court documents, the Hardcore femcee claims she originally filed for bankruptcy to save her house from a public auction and take care of […]

T.I.’s Restaurant Business Partner Files for Bankruptcy

T.I.'s Restaurant Business Partner Files for Bankruptcy

T.I. recently kicked out $1 million in back taxes, but his business partner’s finances aren’t clear. Visit streaming.thesource.com for more information Charles Hughes filed for bankruptcy on behalf of their failed Georgia-based restaurant, Scales 925 Atlanta, on May 1, Page Six reports. Hughes filed for bankruptcy for himself last month. The court documents don’t list […]

50 Cent’s Bankruptcy Issues Have Come to an End

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50 Cent is laughing straight to the bank, no really, but minus the bankruptcy. The music mogul’s plan has just been signed off by his bankruptcy judge, a deal that was presented back in February and has just now been approved. According to legal documents Fif will be dishing out some serious cash, $23 million […]

‘Dance Moms’ Abby Lee Miller To Plead Guilty To Fraud Charges

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The Abby Lee Dance Company is known from the television show Dance Moms and is definitely one of the most prestigious competitive dance companies in America. Dance Moms is not only known for their amazing dancers, but for owner Abby Lee and her unapologetic, strong personality. Abby is the first person to dig into a situation […]

50 Cent Set To Pay Out $23 Million To Creditors In 5 Years

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The on-going saga that is 50 Cent’s bankruptcy case might be nearing its end as the rapper has presented Judge Ann Nevins his plan for paying off his many creditors. As a whole, his debts total out to more than $23 million and according to his plan, Fif will pay out his top three creditors, […]

50 Cent Very Close To Reaching Settlement In Bankruptcy Case

Rapper  Cent whose real name is Curtis James Jackson III takes the oath before testifying in a lawsuit for a sex tape

It appears as though the ongoing saga with 50 Cent and the questions surrounding his bankruptcy may be coming to an end. On Wednesday March 9, Fif appeared in court to finalize a deal with his creditors, one of whom is Lastonia Leviston, who sued the rapper after he posted a sex tape of her […]

50 Cent Tells Judge All Of The Money He Posts On Instagram Is Fake

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The ongoing lawsuits involving 50 Cent has had several plot twists, with the rapper filing bankruptcy and Judge Ann Nevins inquiring about Fif’s Instagram posts flaunting his cash, insinuating that he may be hiding his assets. Back in October, 50 went as far as spelling out the word “Broke” with stacks of cash. Visit streaming.thesource.com […]

50 Cent’s Bankruptcy Documents Reveal He Spends $135,000 Per Month

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After filing for bankruptcy last year amid two high profile lawsuits, 50 Cent’s finances have become a major talking point amongst Hip Hop fans. The “I Get Money” rapper followed this up with several posts on his Instagram account flaunting his money. The case has been ongoing and continues to dominate the headlines. Today, (February […]

50 Cent Shows Off New Home In Africa Amid Bankruptcy Woes In Connecticut

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Fif posts a video this weekend of his new home somewhere in Africa while selling his CT. mansion after filing for bankruptcy earlier this year “My crib is almost finished in AFRICA,” Visit streaming.thesource.com for more information proclaims a 40 year old 50 Cent via Instagram, posting a video that shows his followers the outside […]

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