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Mike Vick is back in the news:

Imprisoned quarterback Michael Vick is seeking bankruptcy protection, saying he owes between $10 million and $50 million to creditors.

Vick filed Chapter 11 papers in U.S. Bankruptcy Court in Newport News on Monday. The seven largest creditors listed in the court papers are owed a total of about $12.8 million. Vick is serving a 23-month prison sentence at the U.S. Penitentiary in Leavenworth, Kansas, after pleading guilty last year to bankrolling a dogfighting ring. He was subsequently suspended indefinitely without pay and lost all his major sponsors, including Nike. He also faces state charges related to dogfighting. According to the filing, the debt includes a $3.75 million prorated signing bonus the Atlanta Falcons are seeking to recover.

Poor thang.

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Thanks Elle

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Andre Leon Talley has issues at Macy’s:

The 6-foot-8 Vogue editor at large was in Macy’s picking out XXL Calvin Klein thongs, but was thwarted when he tried to open a store credit- card account. “He was denied and had trouble paying for it and had to come back . . . it was a big fiasco,”

It’s tough imaging this big velveteen slipper/turban wearing nicca rockin some Calvin Klein THONGS. That sounds like some pure comedy.

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Holyfield is still holding out on the child support payments:

According to court documents the boxer hasn’t paid child support for his 10-year-old son Evan in three months! Holyfield’s baby Mama, Toi Jenese Irvin, is demanding Holyfield either pay his $9000 debt in full — or go straight to [jail]. Irvin also says Holyfield dropped their son’s health insurance — something he’s required to do by a judge.

SMH in particular about Evander dropping his son’s health insurance. He better auction some more shyte off and pony up the bread before he finds himself in the clink. Triflin ass.

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New York Hot 97′s Miss Jones was recently bounced off the morning line-up. According to sources, she will be given time to say goodbye to her listeners. The nationally syndicated Big Boy’s Neighborhood which is beamed out of LA will replace Miss Jones in the Morning according to sources. Poor thang, we don’t think her Superhead book did that well.

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This brotha’s a lost cause:

“[DMX] who’s had scrapes with the law over charges of animal cruelty and drug possession, might now lose a Fifth Avenue townhouse because he didn’t promote a line of canine couture. The vacant, 18-foot wide property at 2007 Fifth Ave. and East 124th Street is due to be auctioned on Aug. 13. The sheriff’s sale should satisfy a judgment – totaling $281,000 with interest – resulting from a breach of contract lawsuit filed in 2004.

Ellenville, NY-based Amusing Diversions won the right to the judgment after doggedly pursuing the star, for not promoting its line of dogwear. On June 9, the pet product line obtained a court order stating a 2006 deed transferring the property to an entity headed by DMX’s wife, Tashera Simmons, was fraudulent, thus paving the way for the August sale.”

This cat is a bona fide “trouble magnet.” Trife. The home in question is just below.

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The DS or downward spiral just won’t end for your boy Pacman Jones. Pac who was banned from the NFL for all kinds of legal problems and tried to get into the wrestling game, now has his two million dollar crib up for foreclosure. Poor thang.

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Scott Storch is another cat on the fast track to bankruptcy.

Now there’s a warrant out for his arrest for failure to make child support payments:

“Scott Storch, who owns a $10.5 million home on Miami Beach’s Palm Island, is behind in property taxes — $511,839.16. He owes $294,492.50 for ’06, and $217,346.66 for ’07.

He is [also behind] on child support for son Jalen, 2, and was a no-show at a hearing. So Miami-Dade Circuit Judge Marc Schumacher issued a pick-up order, authorizing cops to jail Storch until he can be brought to court.

Storch can be released — if he posts a $46,000 bond. He owes at least that much: $30,000 for four months of support for Jalen, plus $16,000 toward the boy’s Florida Prepaid College Plan.

Meanwhile, Storch just got hit with another paternity suit. Vanessa Bellido, 33, of Davie, says Storch is the ”natural father” of her son Steven Brandon Bellido, 16. Storch acknowledged he is Steven’s dad and voluntarily sent money — until January. They were evicted from their Davie residence last month and had to live with her parents in their two-bedroom apartment in Plantation. ‘While [Storch] drives around in his Ferrari and Cadillac, [Steven] is sleeping on a couch in the same room with his mother.”’

Damn. Buddy boy is in the heaviest of debt. The least his cheap ass can do is break off his baby moms’ something adequate. SMH.

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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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Former Heavyweight champ Evander Holyfield’s cash situation is jacked-the-hell-up:

“[Holyfield's] Fayette County estate is under foreclosure. The home worth an estimated $10 million is set to be auctioned by a bank on July 1.

The mother of one of Holyfield’s nine children says he has missed two child-support payments. Toi Irvin, who lives in Clayton County, filed a petition for contempt in Fayette County Superior Court on behalf of her 10-year-old son (totaling $6,000).”

It’s time for Holyfield to man up and pay his baby-mama what’s due. That’s what happens when you spread your seed all over the damned place – handle your business. SMH.

More in foreclosure news:

Rickety-ass Ed McMahon is about to get locked out of his crib too:

“Ed McMahon may now lose his Beverly Hills home to foreclosure because he owes approximately $644,000 in payments on a nearly $5 million mortgage loan. Added to that fiscal fiasco is that American Express obtained a judgment against McMahon for just about $750,000 in unpaid bills, and a Washington-based company named Hix Inc. claimed he failed to repay a loan of $135,000. All tallied, McMahon, who earned millions over his 50-year career, is in debt for nearly $1.5 million.”

Heeeeeere’s a broke-ass!! His peoples are probably pissed the f**k off ’cause they know they ain’t gettin’ broke off when he belly-ups – they’ll be paying his debt off, with interest. Tragic.

Images via WENN

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DMX is being accused of trying to get some hospital care for free:

On April 15, Mayo Clinic doctors thought they were treating a man named Troy Jones for pneumonia. But it was really Earl Simmons, better known as rapper DMX, trying to dodge a hospital bill, according to court documents obtained Friday. The rapper checked into the Phoenix campus’ emergency room, complaining of shortness of breath and chest pains, the documents said. “Someone in the projects is going to get the bill,” Simmons told a visitor to his hospital room, according to a May 9 search warrant served on the hospital by Maricopa County sheriff’s deputies. Continue »