Memphis Bleek is so broke, he had to file for Chapter 12 bankruptcy in a New Jersey Federal Court.
The rapper claimed to only have $100 in cash after filing for bankruptcy back in March. At the time of the filing, he had $274k in assets including a home in New Jersey, wedding rings, a Chevy Impala, and clothing.
Bleek claims to earn $5,911 a month while his expenses total $5,377 month, leaving him with just $534.
The rapper owes $355k on his mortgage, $24k on a Chevy Impala, $9k to the IRS, and $13k to a court.
How come Jay can’t throw his friend a couple coins?!