Thursday, July 16th, 2009

When The Checks Stop Coming In: Katt Williams Files for Bankruptcy

Posted by Bossip Staff

katt-williams

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.

Source

  • Comments (89)
  • Digg
  • Send To Phone Send to Phone

Comments(89) on “When The Checks Stop Coming In: Katt Williams Files for Bankruptcy”

  1. DATPHILYGIRL

    1st he needs to go back to the weed man or invest in them…lol

  2. Angee

    This dude needs to get back to work! Stop turning stuff down, and come out of retirement.

  3. rInthere

    if its true thats what he get for talkin smack about my homie Steve, what goes around comes around lil homie

  4. Angee

    These damn ads!! Lol!

  5. Sissy

    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.

  6. thats that......

    yea

  7. Yeash

    Po lil’ tink tink

  8. MASTER'S DEGREE @ 24

    DAMN..I BET HE’S REALLY SWEATING HIS PERM OUT NOW!!! SMH

    :(

  9. Al Shaprton's Lacefront

    He turned down $50 million and now he is filing for bankruptcy. Black people and their money….*Shaking My Perm*


  10. the biz is scarrryyy yalll!

  11. Al Shaprton's Lacefront

    @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.

  12. Robert

    Maybe getting pimped slapped in Detroit s
    made him retire

  13. *****CATFUN

    KATT WILLIAMS BETTER CALL “DARK N’ LOVELY” FOR A DEAL….

    NEXT COMES THE IRS LOOKING FOR BACK TAXES!

  14. *****CATFUN

    LMMFAO@ ROBERT


  15. LIKE CUBE WOULD SAY, DUMB *****….WHAT YOU THINKING BOUT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  16. OMFG

    I think he’s funny. Doesn’t he have like 10 adopted kids or some ***** like that?

  17. Mis Lil Girl

    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.

  18. top ramen shotta

    the insurgents came and took all his doe!


  19. LMAO @ Yeash

    Po lil’ tink tink

  20. Somer

    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.


  21. 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?

  22. KayKay

    Code 10: Pimp in Distress!


  23. 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?

  24. Black Male

    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.’

  25. Don

    Thats what his ***** gets for making fun of Michael Jackson. Suck on it Katt.

  26. YorkieLover

    He’s not all that funny to me anyway. “Pimp down” ran out.

    I miss Bernie Mac…

  27. Sharie

    I love Katt Williams!!! The recession is no joke!!

  28. DizzyGuy

    See how God gets people back. That’s what he gets for dissing MJ…he ripped him apart and now its payback time.

  29. tasty t

    THAT IS WHAT HE GETS FOR TALKING ***** ABOUT MICHAEL JACKSON HE SMOKES MORE THAN WEED

  30. MissChoklate

    Living beyond your means..hope he had fun when he was ballin..

  31. Malcolm Hex

    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.

  32. Nique

    You cant give black ppl *****!! Damn Kat!

  33. Kami All Day

    LOL…He didnt make a pimp decision! lol

  34. Bdot

    This is the same ***** that was always talkin’ about black folks not handlin’ their paper correctly…choose ya words carefully.

  35. Lies and Bull*****-aka-The Truth

    queer pimps, Lord, I’ve seen it all… he’s a lil big mouth punk. I’d kick his *****… he’s so annoying, uuuh

  36. john hope franklin

    filing bankruptcy is pimpin’ pimpin’

  37. Rrrrroe Ski Love-

    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.

  38. sammydaegg

    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

  39. what_the_*****

    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!

  40. Kami All Day

    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

  41. Tiny's Pig Nose

    @what_the_*****

    Who the hell is warren buffet?

  42. what_the_*****

    @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”.

  43. MeMe_Slim

    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.

  44. what_the_*****

    @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.

  45. Treez

    Tiny’s Pig Nose

    @what_the_*****

    Who the hell is warren buffet?
    ________________

    SMH….*****s…before you post dumb sh*t wiki it.

  46. Treez

    @ 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!

  47. Sepia830

    @Angee

    These damn ads!! Lol!
    ______________________________

    Okay! Those Bossip b*tches…

  48. Sepia830

    Good. I have never liked Katt Williams…gay ***** leprechaun…

  49. AvaSpeaks

    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.

  50. AWWWWWWWWWWWWSHADDAAAAAP!!!!

    Should have spent less time at the salon, more time at the bank, *****.

  51. 303

    ummm , another one bit the dust
    that will teach em to spend their money
    wisely and think about their future

  52. 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.


  53. 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!!!!!

  54. 303

    AWWWWWWWWWWWWSHADDAAAAAP!!!!

    Should have spent less time at the salon, more time at the bank, *****.
    _____________
    lmao – for yo

  55. 303

    *** correction****
    _____________
    lmao – for yo
    __
    lmao for real yo

  56. leah

    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.

  57. tesap

    maybe he will emerge from bankruptcy, newer and leaner like GM….,,or maybe Cube can do “Its Friday Again **********ka”.. I don’t know

  58. nneka

    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.

  59. Treez

    @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…

  60. DATPHILYGIRL

    he act like he been in the business for 30 years…retire….what was he going to do after he retired….smdh

  61. Treez

    @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?

  62. Malcolm Hex

    @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.

  63. MrLipps

    Katt if you licked Michael’s booty, you too could have gotten a good settlement like the white kid.

  64. Its6amHoGetOut

    DRUGS!

  65. Sepia830

    Katt Williams is to comedy what Tyler Perry is to film….and I don’t mean that in a good way.

  66. lt

    Too bad. I suppose he wasn’t hustling enough. To me he was overrated.


  67. 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

  68. Doomster

    overrated, ignorant, feminine and permed.


  69. [...] [...]

  70. grant

    Always in *****dom has a ***** and his money soon parted…

  71. Jamillah

    Pimp down, pimp down!

  72. don't beleive the cover-up

    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.

  73. keltharocka

    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.

  74. sepia830

    Those 50 adopted kids of his ought to beat his *****. At least Foster Care provides 3 square meals a day.

  75. DONE!!!

    Hell, that’s a smart move. Arrange to get ya debts payoff so they’ll leave you the HELL alone!

  76. 1 HATED ON

    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!!!

  77. who da' ***** cares?

    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….

  78. Internets is Serious Business

    We know MJ was not Jesus. But he was Jesus-like in his love for people.

  79. who da' ***** cares?

    take a ***** in the bathroom…not the *****in’ thread..

  80. LEESA

    This is what happens when a pimp ain’t got no hoes…Pimp down! Pimp down!


  81. his ***** need to be broke….Im talkin’ homeless..
    how do u turn down 50 million dollars?????&*%#$


  82. [...] Katt Williams Officially Files For Bankruptcy – Bossip [...]

  83. nyob

    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.

  84. Sepia830

    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.

  85. The Official Mrs. Carter

    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!!

  86. Tiny's Pig Nose

    @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.

  87. Treez

    @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.


  88. man he needs to go to rehab clean up and try this again…

  89. Whateva

    Why do comedians have such dark lives? How could people who make so many people laugh lead lives of destruction?

Leave a Reply

Please note that comments and user names with excessive or inappropriate language are subject to filtering, moderation and deletion. Speak your mind, but try to keep comments clean.