When The Checks Stop Coming In: Katt Williams Files for Bankruptcy
Posted by Bossip Staff
Bossip has learned that Katt Williams has filed for bankruptcy
According to the comedy magazine Humor Mill:
In the long list of controversies surrounding Katt Williams, it looks like this following news might be a serious set back; we just discovered from several sources that comedian and actor Williams has filed for bankruptcy.
Over the past several years, Katt Williams has been involved in several tours that have grossed over $50 million dollars and several months ago Katt turned down an offer from Comedy Central for over $50 million, not to mention his official retirement from doing stand up over the Christmas holidays.
This sure isn’t pimpin’ Katt. Hopefully, the talented brother gets his mind right and gets it together.



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1st he needs to go back to the weed man or invest in them…lol
This dude needs to get back to work! Stop turning stuff down, and come out of retirement.
if its true thats what he get for talkin smack about my homie Steve, what goes around comes around lil homie
These damn ads!! Lol!
I recommend you a nice milionaire dating site __Rich Flirts.c o m__. Whenever I chat with my friends on this site, I feel really relaxed and happy. They are easygoing and honest. I enjoy staying on the site. Hope you can find more nice rich friends there. Good luck to you.
yea
Po lil’ tink tink
DAMN..I BET HE’S REALLY SWEATING HIS PERM OUT NOW!!! SMH
He turned down $50 million and now he is filing for bankruptcy. Black people and their money….*Shaking My Perm*
the biz is scarrryyy yalll!
@M*****a’s Duhgree @ 24 – You look like a loose wh0re. Are you? I bet you let the hood *****z bang the ***** out of you…sl@t.
Maybe getting pimped slapped in Detroit s
made him retire
KATT WILLIAMS BETTER CALL “DARK N’ LOVELY” FOR A DEAL….
NEXT COMES THE IRS LOOKING FOR BACK TAXES!
LMMFAO@ ROBERT
LIKE CUBE WOULD SAY, DUMB *****….WHAT YOU THINKING BOUT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I think he’s funny. Doesn’t he have like 10 adopted kids or some ***** like that?
Please. After the way he dissed Michael Jackson way back when, he deserves bankruptcy and even more. His ***** ain’t got a tap of talent.
the insurgents came and took all his doe!
LMAO @ Yeash
Po lil’ tink tink
That’s what happens when you stay high. There is a 80/20 rule. Celebs that stay high get 20% of their earnings & the jews get 80%. Sober celebs get 80%. If Katt wasn’t so busy putting that ***** up his nose, he could have a comedy empire.
His ***** is sorry, not funny at all and just plain loud and obnoxious. How do you turn down 50 million dollars when yo ***** is broke?
Code 10: Pimp in Distress!
LOL@Pimp in distress
Maybe this will give his ***** some new material. Nothing funnier than a ***** clowing his OWN broke *****.
Maybe this may not be the summer for making it to that magical number of 15 haters, hmmm Kat?
This is comedy not the Kat Williams crap. Who tries to make money of old stereotypes that does his people no good. Why would the black community still support such an act? From the dave chappelles to the buffoon who makes money hanging out with oprah – sorry i forget his name.
But who am I kidding as Sun Ra said, ‘black people love lies. The live lies.’
Thats what his ***** gets for making fun of Michael Jackson. Suck on it Katt.
He’s not all that funny to me anyway. “Pimp down” ran out.
I miss Bernie Mac…
I love Katt Williams!!! The recession is no joke!!
See how God gets people back. That’s what he gets for dissing MJ…he ripped him apart and now its payback time.
THAT IS WHAT HE GETS FOR TALKING ***** ABOUT MICHAEL JACKSON HE SMOKES MORE THAN WEED
Living beyond your means..hope he had fun when he was ballin..
Oh, Somer, you racist *****. I bet you’d be protesting ’til your weave fell out if somebody came in here complaining how the negros get all the money in the NBA.
You cant give black ppl *****!! Damn Kat!
LOL…He didnt make a pimp decision! lol
This is the same ***** that was always talkin’ about black folks not handlin’ their paper correctly…choose ya words carefully.
queer pimps, Lord, I’ve seen it all… he’s a lil big mouth punk. I’d kick his *****… he’s so annoying, uuuh
filing bankruptcy is pimpin’ pimpin’
I don’t think that he’s actually broke (commanding $100,000) per show according to him. One thing for sure is that he dosn’t want to pay his bills, that’s why he is doing the bankrupcy thing. Typical Ghetto behavior from ignorant *****’s like Katt. The judge just may deny him.
ok ok he was wrong about michael jackson but yall *****s act like yall wasnt making no micheal jackson jokes or laughing at them before he died kill it i know i was yea it was wrong but hell cant take it back sorry mike mut anyway that negro better come out of retirement or somthing
what is it with a *****?
unless your name is BILL GATES, or
WARREN BUFFET, you cannot spend
money like it’s toilet paper.
$5M, $15M, even $20M is NOT a lot
of money if you’ve got to pay
taxes, accountants, lawyers etc.
UP FRONT, and you’re out in clubs
throwing around $100 bills like
you own MICROSOFT.
*****s AIN’T ABOUT NO BIDNESS —
damn!
Didnt he know that from INSIDE your car, you cannot see those SPINNIN’ rims? lol
You gotta look at the people at the bus stop to verify your ***** is still spinnin’. lol
Well, this goes to show that the reason why black people cant budget their money (especially money in the millions) is cuz they aint never had ***** so they spend it like the ***** multiplies when you add water.
White people been had bread and p***** it down from generations to generations; which is why they have kids who dont have to do ***** a day in their life.
But us? Ah, we some non-budgeting *****s, boy! Will choose some material item over some important ***** QUICK!
See, Katt? Now your son cant even make a decision to get that Nintendo 64 with all the used games. lol
@what_the_*****
Who the hell is warren buffet?
@Kami All Day
A-MEN!! At least this little playlette
got a taste of luxury.
I know so many damn *****s living
in dilapited row houses, with $50,000
cars parked outside, who are SHOCKED
to discover that I own an Accord, not
because I couldn’t “do better”, but
I’d rather have the $30,000 difference
between their car and mine in CDs at the
bank.
Heaven help a black man or woman who
budgets and plans his/her finances, and
they want a BLACK mate — good luck with
that search —– *****s “ain’t about
no business”.
This was the wrong damn time for him to “retire”. He has too many damn kids for that. Not much of a fan, but this is sad. He might want to turn some of those chains in.
@Tiny’s Pig Nose
The most successful investor in US history —
gave $31 BILLION ($31,000,000,000) to Bill and
Malinda Gates charity.
ONE share of Berkshire Hathaway stock (the company
he controls) costs $90,575 (ONE share) as I type
this.
REAL money.
Tiny’s Pig Nose
@what_the_*****
Who the hell is warren buffet?
________________
SMH….*****s…before you post dumb sh*t wiki it.
@ all the crazy MJ fans
MJ was not Jesus, he did not die for you sins, and listening to his records is not getting you into heaven. Please get some got damn sense!
@Angee
These damn ads!! Lol!
______________________________
Okay! Those Bossip b*tches…
Good. I have never liked Katt Williams…gay ***** leprechaun…
I don’t understand all of these “celebs” that go into “retirement”. What happened to the days of old when you worked for a living, then retire.
He ain’t been out long enough in the game as an A-List comic to be retiring. It’s too soon for that.
Should have spent less time at the salon, more time at the bank, *****.
ummm , another one bit the dust
that will teach em to spend their money
wisely and think about their future
@Treez what are you talking about??? Who said MJ was Jesus??? If its one thing I can’t stand is a n*gga who can’t understand a sentence.
umm..
jus because u file for bankrupcy doesnt mean ur broke. c’mon ppl.. remember Donald trump filed a few years ago.. did u c trump plaza apts closing or changing hands? nope!!!
bankruptcy is the legal process in which a person or firm declares inability to pay debts
A person or firm may be declared bankrupt under one of several chapters of the federal bankruptcy code: Chapter 7, which covers liquidation of the doubter’s *****ets; Chapter 11, which covers reorganization of bankrupt businesses; or Chapter 13, which covers work-outs of debts by individuals. Upon a court declaration of bankruptcy, a person or firm surrenders *****ets to a court-appointed trustee, and is relieved from the payment of previous debts.
learn sumthing!!!!!
AWWWWWWWWWWWWSHADDAAAAAP!!!!
Should have spent less time at the salon, more time at the bank, *****.
_____________
lmao – for yo
*** correction****
_____________
lmao – for yo
__
lmao for real yo
People can be truly lost, there are always 2 sides to a story. remember Chris Rock went to Africa and they said he was crazy. It was all a lie, remember Chris said on the interview with Oprah and she knows but pretends. He said there are just somethings you have to stand up for. Those people wanted him to sell his soul for more fame like lots of celebs so maybe this comedian back in out of the offer also. Selling your soul to baphomet for some millions is a huge sacrifice. You people really dont know what goes on behind the entertainment scenes. Why you think Michael Jackson is dead he was offered as a sacrifice, the thriller album had lots of secrets. watch what the 25 on the album cover meant, that he will live for another 25 yrs and he did. He knew that was in the coming,but Jackson made himself right with God apparently. All that glitters isnt gold.
maybe he will emerge from bankruptcy, newer and leaner like GM….,,or maybe Cube can do “Its Friday Again **********ka”.. I don’t know
Hell,at least michael was getting $75 million a year. You talk ***** about the king, and now your ***** is broke.what goes around,comes around.
@DizzyGuy
@Treez what are you talking about??? Who said MJ was Jesus??? If its one thing I can’t stand is a n*gga who can’t understand a sentence.
_________________
You *****in clown @ss *****. This is what you said:
*****
See how God gets people back. That’s what he gets for dissing MJ…he ripped him apart and now its payback time.
*****
You are implyin that God would care enough about MJ to hurt Katt for him speaking the truth about MJ. I don’t know what god you worship, but I’m *****uming that scientology has something to do with it b/c you are on some crazy dumb ***** sh*t.
I never said you or anyone else said MJ was Jesus, but y’all dumb @ss *****s sure do treat MJ like he IS Jesus. Acting like it’s blasphemous to say anything about MJ even the truth.
God does not give a damn about what people say about MJ. God has better ish to do with his time than to worry about Katt talking about MJ, period.
And if you don’t realize the truth in this statement then the only ***** up here is your dumb ***** @ss still stuck on MJ’s d*ck.
Fall back clown…
he act like he been in the business for 30 years…retire….what was he going to do after he retired….smdh
@mybaad>> kelis in line @ babygap
umm..
jus because u file for bankrupcy doesnt mean ur broke. c’mon ppl.. remember Donald trump filed a few years ago.. did u c trump plaza apts closing or changing hands? nope!!!
bankruptcy is the legal process in which a person or firm declares inability to pay debts
A person or firm may be declared bankrupt under one of several chapters of the federal bankruptcy code: Chapter 7, which covers liquidation of the doubter’s *****ets; Chapter 11, which covers reorganization of bankrupt businesses; or Chapter 13, which covers work-outs of debts by individuals. Upon a court declaration of bankruptcy, a person or firm surrenders *****ets to a court-appointed trustee, and is relieved from the payment of previous debts.
learn sumthing!!!!!
_____________________
Great post mybaad…how is the DMV treating you?
@Tiny’s Pig Nose
Have you ever read anything in your life that wasn’t Vibe or Jet?
@leah
That was Dave Chappelle, not Chris.
Katt if you licked Michael’s booty, you too could have gotten a good settlement like the white kid.
DRUGS!
Katt Williams is to comedy what Tyler Perry is to film….and I don’t mean that in a good way.
Too bad. I suppose he wasn’t hustling enough. To me he was overrated.
Guns ‘n Butta
Too bad. Must not have been paying attention to the books if he turned down 50 mili and then turned around and filed for bankruptcy.
I remember an interview that LL Cool J had, and he said that it took him a long time to realize how much EDUCATION it took for him to learn to manage his finances. After he lost it all at one point, he began to teach himself about how to handle is fiscal business, and he was encouraging all of the brothas breaking out into the biz to do the same. Too bad these type of admonishments go unheard but everybody wants to listen to bullshyt about grills and Cristal, and spend their money on shyt that doesn’t even matter. SMDH
overrated, ignorant, feminine and permed.
[...] [...]
Always in *****dom has a ***** and his money soon parted…
Pimp down, pimp down!
Hehee aaooow, that’s what his permed out ***** get.
Loved you Michael Joeseph Jackson.
Mike ur the best, ***** the haters and all the rest.
Including the press.
I used to watch Katts performances, but the MJ jokes did get outta hand. I’m glad I only bought his movies from the ***** shop.
SUCKER got what he deserves, and whatever comeback performances he might have planned, I hope it BOMBS.
Those 50 adopted kids of his ought to beat his *****. At least Foster Care provides 3 square meals a day.
Hell, that’s a smart move. Arrange to get ya debts payoff so they’ll leave you the HELL alone!
All to the good!!! I bet majority of his me$$ came before fame. Way 2 shake it off & give da haters something to talk about!!!
Treez said:
@ all the crazy MJ fans
MJ was not Jesus, he did not die for you sins, and listening to his records is not getting you into heaven. Please get some got damn sense!
______________________________________
shut the ***** up….
We know MJ was not Jesus. But he was Jesus-like in his love for people.
take a ***** in the bathroom…not the *****in’ thread..
This is what happens when a pimp ain’t got no hoes…Pimp down! Pimp down!
his ***** need to be broke….Im talkin’ homeless..
how do u turn down 50 million dollars?????&*%#$
[...] Katt Williams Officially Files For Bankruptcy – Bossip [...]
In this economy, I’m not surprised when anyone files for bankruptcy. However, if bankruptcy is retribution for talking about MJ, there will be a whole lot of folks in the bankruptcy line.
MJ was a great entertainer but there were plenty of things he did that made folks go hmmmm, huh? and WTF when he was alive. Let’s not pretend there weren’t now that he is dead.
I hope Katt gets back on his feet. He has kids to take care of.
Let’s face it, Katt Williams was MALICIOUS with regard to MJ and now he is the joke. That’s karma at its best. Same ***** happened to Eminem. He put out that video trashing MJ and then his ***** dried up.
*****ody is saying MJ was Jesus (least of all me) but as a huge fan of his, seeing the *****s who dogged him get their due diligence is VERY satisfying.
Yall killing me with the “thats what he get cause he said something bad about Mike Jack” GTFOH!!! We ALL have said something bad about him…His ***** was WEIRD and gave folk the ammunition needed to clown him…May he RIP but lets not act like he didnt have some SERIOUS ISSUES… Katt will bounce back Id pay for tix to the come back show. ***** what yall say he funny to me and I have enjoyed every show Ive watched.
**side note** he musta been high when he turned down the 50 mill or they were asking him to do something he wasnt willing to do…Might be better to file for backruptcy than to sell your soul to the devil
Damn Katt you filing for bankruptcy and was still able to get your 15 haters before the summer ended…lmao!!
@Treez…
everyone doesn’t know how warren buffet is, and i just asked a simple question. Also, please don’t refer to me as a “*****”, ok? It may be ok for other people to call you a word that is used as a derogatory terms towards our people, but it’s not ok for me.
@Tiny’s Pig Nose
Sorry for calling you a *****, but don’t do dumb ***** sh*t, and I will not call you that again.
Like I said if you don’t know who someone is, google is one click away. Warren Buffet is one of the most powerful and well known people in the world and it is necessary that you know who people like that are. This means you should probably read an online news paper such as the Wall Street Journal, the New York Times, or the Economist. And learn about the people who cotrol your life.
man he needs to go to rehab clean up and try this again…
Why do comedians have such dark lives? How could people who make so many people laugh lead lives of destruction?