When the Checks Stop Coming In

Posted by Bossip Staff

Michael Jackson Covered up face

Michael Jackson’s Neverland Ranch may be up for foreclosure sooner than later:

The mortgage broker trying to find refinancing for Jackson on a $23 million loan held by Fortress Investments using Neverland as security has so far come up empty. There is literally no interest from anyone in saving Jackson in this situation. If Neverland is not refinanced, Fortress can foreclose and sell the ranch at auction. Recently, Fortress laid off $300 million in loans to Jackson on HSBC. The refinancing resulted in Jackson’s paying off around $20 million in debt, but it still left him cash-strapped and unable to deal with the Neverland crisis.

Jackson has recently been living rent-free with his three children in the Palms casino in Las Vegas as a guest of the Maloof brothers. The Maloofs would be the latest hosts upon whom Jackson has mooched, following Prince Abdullah of Bahrain, dancer Michael Flatley and Prince Jefri of Brunei.

He better get his Billie Jean swagger back, and produce some stacks from this new Thriller project. Otherwise, Neverland will no longer be his. Poor thang.

Source

When The Checks Stop Coming In

Posted by Bossip Staff

lilwayne1

Lil Wayne is being sued for not making payments on his 1999 Bentley Arnage, he owes $91,000 on the car:

LeMarck deAndre filed the suit Dec. 18, 2007, in the Superior Court of California in Alameda County, reports Allhiphop.com. He claims that Lil Wayne, born Dwayne M. Carter, has failed to pay a balance of over $91,000 for the pricey automobile.

Come on now Weezy, that’s not the proper way to stunt. Lil Wayne recently discussed his stuntin’ in an interview with Ozone Magazine:

Yeah, I’m making too much money right now. When you’re single, you make money and you spend it crazy. We buy jets. We be on private planes going to watch basketball games, I swear to God. We be getting back on our jet and the Hornets are getting back on their jet. I’m like, this ain’t cool. We ain’t supposed to be doing this. We’ve got things to do. I’m supposed to be saving up for something, not ballin’ out, not just being on the road bachelorette style. I’ve got four spots in Miami. That’ don’t even make no sense.

SMH at “bachelorette style”.

When The Checks Stop Coming In

Posted by Bossip Staff

eliottwilson65

We are hearing rumors “The Man” or Harris Publications suddenly fired XXL Editor in Chief, Elliott Wilson, today. Poor thang. You know that Benzino is somewhere laughing in the cut if this is true. Click here to check out the new editor. SMH. We guess the new direction isn’t a Black one.

Good thing Bossip will never get fired, we own our sh*t.

Enough is Enough

Posted by Bossip Staff

Gary Coleman Sells Gap Pants

We are seriously considering starting a “When the Checks Stop Coming In” foundation just for Gary Coleman. He is now selling autographed Gap Athletic pants on ebay with a current bid of $19.95.

First a Nintendo Game Cube, then a Saturn, and now Khakis from the Gap???? Damn, times must be super tough for little Arnold. Poor thang.

Gary Coleman Sells Gap Pants 2Gary Coleman Sells Gap Pants 3Gary Coleman Sells Gap Pants 4

When the Checks Stop Coming In

Posted by Bossip Staff

Milian4

According to Hollyweird, no career equals no clothes. Here are a few pics of Christina Milian posing like she’s in the pages of Jet. We wonder if this is her next career move. That issue would be sure to fly off of the shelves.

milianbikini2christinabikini3christinabikini4

When the Checks Stop Coming In

Posted by Bossip Staff

kwameapprenticeevicted

Poor Kwame. The runner-up from Season One of “The Apprentice” is getting evicted. A lien has been placed on his Harlem property for non-payment of charges since April 2006. Damn, all of that education and exposure and you still can’t pay your bills. Get it together.

Source

The 07′ When The Checks Stop Coming In Award

Posted by Bossip Staff

garycoleman12

As you know, when a former star starts selling cars and video games on Ebay ,the checks just not coming in like they used to. Our winner for this year’s ‘When The Checks Stop Coming in’ award is Gary Coleman. Mr. Coleman was making it rain on them hoes this year. Continue »

When The Checks Stop Coming In: No Tour for Homo Thug

Posted by Bossip Staff

remykissing

It looks like Remy is stuck in the US to battle the lesbo rumors. A Manhattan judge denied her from going to Europe for a five country tour:

Justice Rena Uviller shot down the request even after the rapper’s lawyer claimed she desperately needed the money the tour would bring in.

Attorney Ivan Fisher told the court that his client has had trouble booking shows and a recording contract has been put on hold since her arrest for allegedly shooting Makeda Barnes-Joseph on July 14.

Poor Remy. We guess you better make nice with that stud. She looks like she has some stacks to loan you.

Source

When The Checks Stop Coming In

Posted by Bossip Staff

rubenonstage

Bossip is hearing rumors that Ruben Studdard was dropped from J Records. His last album, The Return, was released in 2006 and sold approximately 235,000 copies. It’s a shame that America supports Gay Clay Aiken more than the actual winner of American Idol Season 2.

When The Checks Stop Coming In

Posted by Bossip Staff

michaeljacksonmarionjones

Jacko may be forced to tour this spring to help pay-off a defaulted $300 million loan. Some of the problems with the planned tour are insurance companies considering his reliability suspect and him being out of shape.

Come on Michael, find what Blackness you have left and make it rain on them hoes with a comeback.

In other news, the International Olympic Committee formally stripped Marion Jones of her five Olympic medals Wednesday. The former champion has admitted to being roided up while winning her medals.

Images via WENN and Splash

When the Checks Stop Coming In

Posted by Bossip Staff

Scott Storch Beanie Sigel

They’re not quite at this status yet, but Scott Storch and Beanie Sigel are having some money issues.

Storch who was once worth $70 million dollars and now listed at $17 million, had all his credit cards declined at a night club in Miami recently. Beanie Sigel who had trouble paying for a little Nissan rent-a-car back in October, also had trouble getting his Maserati out of a Philly impound. A friend had to pay $1700 to get Beanie’s car out after it was booted and towed a month ago. The car was about to be auctioned off.

There’s clearly something wrong when you have a Maserati, but yet you cannot cough up $1700. SMH.

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When The Checks Stop Coming In

Posted by Bossip Staff

Gary Coleman Saturn for Sale

Gary Coleman is the official poster child for When the Checks Stop Coming In. Here he is in his little green crocs selling his Saturn and autographed pictures on ebay.

Guess he didn’t make enough selling that autographed Game Cube last month. Poor thang.

Gary Coleman Saturn for Sale 3Gary Coleman Pictures for SaleGary Coleman Pictures for Sale 2

*Thanks I Stay SMH*

When The Checks Stop Coming In

Posted by Bossip Staff

ginuwine7

Ginuwine hasn’t had an album drop in a while but he is ok, the former stripper is doing bachelorette parties now. By the look of these two women, they don’t seem to be paying much.

It’s tough t stay in this music game. Poor thang.

ginuwine4ginuwine8ginuwineflyer1

When The Checks Stop Coming In

Posted by Bossip Staff

terryflenoryDemetrius FlenoryBMF

The leaders of the Black Mafia Family, Terry Flenory, 37, and Demetrius Flenory (AKA Big Meech), 39 both pleaded guilty last week for operating a continuing criminal enterprise and conspiring to launder money. They could face up to 30 years in prison. The brothers agreed to turn over over $270 million in drug proceeds.

If you don’t know about BMF, they had the drug game on lock before they started making rap videos and DVD’s about their lifestyle. Continue »

When the Checks Stop Coming In

Posted by Bossip Staff

Marion Jones

The future is not looking bright for former track star Marion Jones:

The world governing body of athletics has handed disgraced sprinter Marion Jones a two-year ban for doping and annulled all her results dating back to September 2000, including her Olympic and world championship titles. The International Association of Athletics Federation (IAAF) also told Jones to return an estimated $700,000 in prize money and recommended that her United States relay teammates be disqualified and lose their medals from the 2000 Sydney Olympics. Jones retired last month after pleading guilty to lying to federal investigators in 2003 and admitted that she had taken the designer steroid “the clear” from September 2000 to July 2001. Jones won gold medals in the 100 meters, 200 and the 1,600-meter relay in Sydney, as well as bronzes in the 400 relay and long jump. She won the 200 world title in 2001. Jones has returned her five Olympic medals and agreed to forfeit all results dating to Sept. 1, 2000. IAAF spokesman Nick Davies said Jones can’t compete again unless she pays back the approximate $700,000 in prize money. Even though Jones has retired, she is officially suspended until Oct. 7, 2009. Jones would have to give the IAAF 12 months’ notice if she wants to return to competition after the ban, Davies said.

700K in payback dollars might not be that easy to come up with, especially since those Nike checks stopped coming in a while ago.

Via CNN

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