Memphis Bleek Rapper files for bankruptcy

According to Bossip, Bleek has filed for Chapter 13 bankruptcy revealing he has just $100 in cash in the bank.

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Memphis Bleek play

Memphis Bleek

(avidmix.com)
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Jay Z’s former protégé, Memphis Bleek is allegedly broke! 

play Memphis Bleek (thehomeofhiphop)

 

According to Bossip, Bleek has filed for Chapter 13 bankruptcy revealing he has just $100 in cash in the bank.

The former Roc-a-Fella rapper filed the petition back in March 14, 2016 at the U.S. Federal Court in New Jersey.

Memphis whose real name is Malik Cox claims his total assets which include a Jersey Home, a Chevy Impala, clothing, and wedding rings totals $274,000 while his liabilities amount to $350,000. He also claims he has only $100 in cash and his Chase business account is empty.

Bossip reports the bankruptcy is pending at the moment while Bleek figures out a plan to pay back his creditors.

Jay Z's Tidal posts huge financial losses play

Jay Z's Tidal posts huge financial losses

(Tidal)

 

His being broke comes as a surprise as Jay Z once famously vowed to never let Bleek go broke not to mention Jay Z and Beyonce were ranked by Forbes as the highest paid celebrity couple of 2016.

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