Lil Kim Celebrates Royal's B-Day + A Message for...
UPDATE: “I got something for y’all. When you’re God’s child you can’t be touched boo” Y’all know exactly who she talking about. Meanwhile, Royal unbothered asf! pic.twitter.com/EkOfErohdj
According to legal documents obtained by The Blast, the rapper filed for chapter 13 bankruptcy last month and has accumulated more than $4 million in debt. Kim reportedly owes about $2 million on a loan for her home in New Jersey, $186,000 for legal fees, as well as $1,845,451 in back taxes ($1,469,105 in unpaid federal taxes from 2004-2017, and $376,346.74 in unpaid state taxes from 2004-2017).
Kim claims she has a total of $2,573,300 in assets and earns about $18,286 in monthly income—$12,784 of which goes towards expenses. Queen Bee has offered to pay her creditors $5,500 every month for the next five years, and has also proposed to sell her New Jersey home to repay her debts; but according to The Blast, a trustee for the bankruptcy has already opposed her plan.
The docs reveal Kim has made $90,678 in income so far this year. Kim says she made $398k in 2017 and $823,659 in 2016.
A hearing is scheduled for July.
(complex.com)
Posted on 09 Jun 2018 by LilKimZone
Kim to Perform at Marquee Nightclub NYC
Venue: Marquee Night Club Date: June 17, 2018 Location: 289 10th Ave between 26th and 27th.
HARD CORE ALBUM SALES: 1,547,305 ALBUMS W/TEA 1,603,153 ALBUMS W/TEA W/SEA ON-DEMAND AUDIO 1,630,957 ALBUMS W/TEA W/SEA ON-DEMAND 1,649,597 2xP STREAMING ON-DEMAND 69,666,319
Notorious K.I.M. ALBUM SALES: 1,470,782 ALBUMS W/TEA 1,508,217 ALBUMS W/TEA W/SEA ON-DEMAND AUDIO 1,518,520 ALBUMS W/TEA W/SEA ON-DEMAND 1,524,586 1xP STREAMING ON-DEMAND 24,553,410
La Bella Mafia ALBUM SALES: 1,094,163 ALBUMS W/TEA 1,171,168 ALBUMS W/TEA W/SEA ON-DEMAND AUDIO 1,191,575 ALBUMS W/TEA W/SEA ON-DEMAND 1,203,793 1xP STREAMING ON-DEMAND 48,938,084
The Naked Truth ALBUM SALES: 411,850 ALBUMS W/TEA 442,334 ALBUMS W/TEA W/SEA ON-DEMAND AUDIO 448,304 ALBUMS W/TEA W/SEA ON-DEMAND 453,085 - not certified STREAMING ON-DEMAND 16,125,654
TEA: track-equivalent albums (whereby 10 track sales equal one album unit)