Says She’s $4 Million In Debt
Lil Kim raps it’s all about the Benjamins, and now it is for her, since she filed for bankruptcy last month in New Jersey saying she’s $4 million in the hole.
According to legal docs, Kim owes $2 million on a loan for her NJ home and $1,845,451.74 in unpaid taxes, as well as $186k for legal bills.
She’s offered to pay $5,500 a month to a creditor to sort it all out. There is a hearing scheduled for July.
She’s reportedly working on a new album, so if it drops in 2018 it could potentially help dig her out of debt too.