Lil Kim Reportedly Files For Bankruptcy

posted by @HomeGrownRadio - 

Happy hump day 🐫 #lilkim #queenbee #beehive

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Lil Kim reportedly filed for Chapter 13 bankruptcy last month after incurring over $4 million of debt.

According to legal documents obtained by The Blast, the Hip Hop vet has assets totaling $2,573,300 and liabilities in the amount of $4,084,841.60. She also owes $1,845,451 in back taxes.

Kim brings in just over $18,000 a month, with $12,784 in monthly expenses, per a report from celebrity website, The Blast. She also offered to settle the debt by selling her home, or adjusting her mortgage payments, according to the site.

🌶🌶🌶 | 📸 @therobswanson #spicy #lilkim #queenbee #beehive

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Kim’s hearing is set for next month. 

In terms of music, Kim dropped a solo track “Took Us A Break” and teamed up with Remy Ma for “Wake Me Up” last November.

On Friday (June 8), she teased a new video for the Fabolous-assisted joint 3on Friday (June 8).

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