On The Fast Track to Bankruptcy

- By Bossip Staff Categories: News, When The Checks Stop Coming In

Posted by Bossip Staff

Lil Wayne is being sued by businessman LeMarck de Andre for defaulting on payments for his 1999 Bentley Arnage:

“My direct observation and experience with Dwayne M. Carter’s financial and personal irresponsibility over the years has taught and demonstrated to me that he has become the new symbol of financial illiteracy and slavery in the 21st century.

For a little over 5 years, I have been involved with…Dwayne M. Carter’s high-level of financial illiteracy, lack of liquidity, leveraged acquisition liability accumulation and below zero net-worth; as well as lack of business communication, character, and integrity- all learned behaviors- and the primary reasons for non-payment. Unless and until [he] transforms his personal, business, and financial attitude and adopts new behaviors, these unfortunate behavioral components will equate to future lawsuits, defaults, repossessions, foreclosures, and the making of a great candidate for bankruptcy.”

Damn, that’s about a mouthful right there. LeMarck de Andre and his Silicon Valley law firm are shaking Lil Wayne down for $123,800 plus $200 per day for the damages. And as for Weezy Baby and knuckleheads such as he: When will these fools learn how to manage their stacks??? Pathetic.


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  • http://en.gravatar.com/avatar/522ae813d0291146b3c70cd56c2834f3?s=80&r=any NIKKI UNDERWOOD

    W. F. Baby

  • http://en.gravatar.com/avatar/522ae813d0291146b3c70cd56c2834f3?s=80&r=any NIKKI UNDERWOOD

    Pawn the cup…

  • lala

    Don’t believe it

  • http://en.gravatar.com/avatar/522ae813d0291146b3c70cd56c2834f3?s=80&r=any NIKKI UNDERWOOD

    Ask ya Pa…

  • lil latte

    He is so stupid looking…I don’t understand why people feel the need to tattoo up their face

  • Celebrity CSI

    Although I do agree with the ..a-hem financial illiteracy of many people in general, de Andre’s wayward use of the encyclopedia was unnecessary. lol Just tell Little Wayne that you are reporting him to experian, transunion & equifax OR pressing charges on the pharmacist supplying all that promethazine. I bet he’ll pay den. lol

  • num1dominicano

    hood rich…

  • Mo_Mo

    Everytime a mf start makin in life, there is always a mf who try to bring u down, my heart for him,my luv for him,i’m not worrying bout the rest of them.Miss me with that one!!!!!{lol]

  • num1dominicano

    when will these fools learn..

  • innocent bystander

    Goes to show even with all the money he and others CLAIM to have, they still haven’t bought common sense. They would rather buy diamonds and 5,000 pairs of shoes. DUMB DE DUMB DUMB DUUUUMMMB!!!

  • Wenzel Dashington

    SMH @ “21st Century slavery”

    Weez, call Jigga before we see you on Behind the Music with Hammer’s ass.

  • Earth Sign

    Im not suprised

  • Could be true

    I saw lil man on BET yesterday he’s smaller than Roxy yall the only thing Lil Wee could do for me is take out the trash when my son is not around. Wondering when he started using drugs because they stunt your growth and if that’s the case Wee started using about 11. He needs to get his grown man on and pick up a Schwab account teach him how to invest those funds.

  • vgeezy


    Baby u can being my number one anytime….LOL

  • bree is an OBAMA supporter.. YES WE CAN!

    well when you’re high all the time you’re not thinking about paying bills, you’re thinking about copping drugs

  • I'm Just Me

    DAXN!! That shyt is real…is he spending all the money on sizzurp?

  • Paint it Red

    Of course…this doesn’t just apply to Wayne or celebrities. It goes for most Americans living beyond their means just to appear financially stable to their peers. You know…the ones driving the Mercedes that’s 3 payments behind or have the 50″ flat screen, yet the house is in forecloure. The simpletons who charge groceries to a credit card and can’t pay the entire balance at the end of the month (who wants to pay interest on groceries?!) Yes, America is RIPE with these folks. Most of the country is deep in debt and have no plans to repair their awful credit – we prefer to buy outfits and shoes for the club.

  • num1dominicano

    @ vgeezy

    where you from?

  • Detroiter4Life

    What a dummy!! I bet you he know how much that drug of choice cost though…….;p

    Ain’t to many things worse than watching someone with that much money waste it all away…….

  • Detroiter4Life

    @ Paint it Red


  • pm

    See that when you fire your manager for making you look bad in public. What star @ Waynes level pays thier own bills

  • $m♥K.E.Y.

    “…he has become the new symbol of financial illiteracy and slavery in the 21st century…”

    WOW that is very cold but accurate, applaud this standing ovation.

  • Doagae

    DAMN…but this man has even said this out of his own mouth that he mis-uses his fortunes. He is aware that he has no control of himself when it comes to money. And lets not forget that asshole Baby for saying “I got 50 whips now I’m trying have 50 houses!” I hope that ignorant muthafuca was talking about rental properties….dumbasses!

  • K-ten

    wow..rehab, bankruptcy, tattoos on the face, old man fingers, short, ugly…wow, could it get any worse?

  • K-ten

    wait…i thought he was getting/got his degree in business when he went back to school???

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