Actor Mekhi Phifer recently filed for bankruptcy. He owes $1.2 million in back taxes, $50,000 in legal fees, and $4,500 in child support. According to…
Actor Mekhi Phifer is apparently in a financial tailspin. The actor, most recently seen in Lifetime’s “A Day Late and a Dollar Short,’ has reportedly filed for bankruptcy, according to TMZ. He submitted court papers in April, claiming his debts have spiraled to $1.3 million – including $1.2 million in back taxes, $50,000 on lawyer […]
According to the Wall Street Journal, companies affiliated with Carol’s Daughter filed for Chapter 11 bankruptcy protection in connection with the beauty brand’s move to close most of its stores. The brand’s founder, Lisa Price, created Carol’s Daughter, the popular line of beauty products, including those for hair, skin, hands and fragrances. The WSJ says: Court papers show that […]
Singer Rihanna is known for making grand purchases, but back in 2009, Rihanna almost found herself in the middle of a bankruptcy case thanks to…
Vince Young’s days of collecting a healthy paycheck are apparently over. The Houston Chronicle reports that the star athlete has filed for Chapter 11 bankruptcy. Brian Kilmer, an attorney, filed a petition in a Houston federal bankruptcy court. Kilmer listed Young’s assets as being worth between $500,001 and $1 million with liabilities between $1,001,000 and […]
Just when we thought rapper DMX was starting to get his stuff together, he takes a few missteps. After being arrested in South Carolina last…
Just when we thought DMX was on the right track to getting himself together, this happens. DMX’s bankruptcy case may be in jeopardy because…
Well, there’s good news for former G/-Unit soldier Young Buck, but bad news for his former crew. Young Buck’s bankruptcy case has ben settled.…
I’m angered that Kevyn Orr, Detroit’s emergency manager, would approve the city’s plans to spend $400 million to build a new hockey arena when the city is broke and thousands of city workers are worried about receiving their hard-earned pensions. It’s a tragedy that Orr – and Detroit’s city administrators – are gambling with the […]
DETROIT (AP) — Lawyers jammed a courtroom Wednesday for the first hearing in Detroit’s bankruptcy case, as a judge set out to decide whether anxious city retirees can slow down the process with lawsuits in other courts. Detroit is the largest U.S. city to file for bankruptcy protection. U.S. Bankruptcy Judge Steven Rhodes was not […]
DETROIT (AP) — At the height of its industrial power, Detroit was an irrepressible engine of the American economy, offering well-paying jobs, a gateway to the middle class for generations of autoworkers and affordable vehicles that put the world on wheels. But by Thursday, the once-mighty symbol of the nation’s manufacturing strength had fallen into […]
DETROIT (AP) — The first report by Detroit’s emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean no paychecks or pension benefits and even deeper cuts in municipal services. If Detroit cannot avert disaster, the only remaining option appears to […]
