On The Fast Track to Bankruptcy

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Categories: Lil Wayne, 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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