When The Checks Stop Coming In: Deadbeat Daddy Bow Wow Hunted By Debt Collectors For $284,000 Ferrari!

That BET gig can’t save you in real life Bow…

Bow Wow Owes $284,000 On His Leased Ferrari From 2010

According to TMZ reports:

Gotta say … we were scoffing at Bow Wow this week when he told a child custody judge he was only pulling in $4,000 a month … and then announced just hours later he was becoming the host of 106 & Park … but we just found some documents that show creditors have been chasing him for 3 years over a car.

B.W. leased a 2005 Ferrari F430 back in 2008. It didn’t take long for the rapper to fall behind, because in February, 2009, the leasing company sued him and got a judgment for $216,084 … oh, and 75 cents.

Since getting the judgment, the leasing company has been on the hunt for payment, using a collection agent to track down Bow Wow.

Mr. Wow never paid, and now with interest the judgment has swelled to $283,785 … oh, and 13 cents.

Bow Wow told the custody judge he only had $1,500 in his bank account and leases a jeep. Wow, maybe Bow was telling the truth.

All we know is, we better not find out that he paid off this Ferrari before he paid his baby mama…

Image via WENN

More from MommyNoire

More from StyleBlazer & MadameNoire

blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 10,320 other followers