Rapper Memphis Bleek Files for Bankruptcy: Report

FUSE TV - Rapper Memphis Bleek Files for Bankruptcy: Report

Memphis Bleek, Brooklyn rapper and longtime friend to Jay Z, has reportedly filed for Chapter 13 bankruptcy. According to Bossip, the former Roc-A-Fella signee only has $100 in cash to his name and filed the petition on March 14 in a New Jersey U.S. Federal Court.

The 38-year-old's assets allegedly include a Jersey home, a Chevy Impala, clothes and a wedding ring, which total $274,000. As for his liabilities? That total comes up to $350,000. The legal documents claim Bleek lists occupation as self-employed and runs Get Low Touring, and reportedly earns $5,340.94 from his business per month, as well as $571 in royalties from his 2005 album 534.

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