bankruptcy
After losing more than $11 million on its endless shrimp deal and consequently filing bankruptcy, Red Lobster is closing nearly two dozen more locations across the U.S. According to recent court documents, the restaurant chain is scheduled to close 23 additional sites by August 31, adding to the list of more than 100 sites Red […]
Red Lobster has officially filed Chapter 11 bankruptcy after closing nearly 100 locations. Filing this type of bankruptcy allows the restaurant chain to stay in business while restructuring its finances and operations. According to reports, Red Lobster voluntarily made the bankruptcy filing on May 19 in Florida. The dining giant has reportedly been struggling financially […]
Cardi B is not taking her foot off of blogger Tasha K’s neck when it comes to paying on the $4 million judgment the rapper has against her. According to new court documents, Cardi B sent five subpoenas to Tasha K’s banking companies, demanding that they turn over account information after Tasha K filed for […]
Toni Braxton just can’t seem to catch a break when it comes to her finances. According to reports, the legendary singer is being accused of refusing to pay $125k in back state taxes, just two two years after a judge discharged her massive $10 million debt in her second bankruptcy case. Official records filed in California on […]
You had to know this was coming.
50 Cent's trolling ways have caught up to him...again.
Earlier today, E! reported Duane Martin and wife Tisha Campbell filed for bankruptcy.
Mr. "I Got Money," aka 50 Cent, has not sold his Connecticut mansion, contrary to recent reports.
Allegedly, 50 Cent is in $30 million of debt and selling the Connecticut estate will help him to save a reported $70K per month.
Showing off on the 'gram may have landed 50 Cent in major legal trouble.
Nothing says broke more than keeping bundles of hundreds in your refrigerator.
We can’t even imagine having $10 million+ in the bank, and we certainly can’t imagine losing that much money. But ironically enough, it sometimes seems like those…