RL has way more than $50 to his name!
Next Singer RL Denies Being Broke After Filing For Bankruptcy
We recently reported that former “Next” singer RL had filed for bankruptcy and was even reported to only have a couple of dollars to his name. Not only was the singer rumored to be dead broke but also a deadbeat father, neglecting to pay his son’s child support:
Via The Jasmine Brand reports:
RL – real name Robert Lavelle Huggar – filed for bankruptcy in Georgia Federal Court, explaining he had only 50 DOLLARS in cash on him and $3,500.00 in assets, with a total of $116,132.00 owed to creditors.
The bankruptcy docs state that Huggar assets included a $300 computer, $500 in clothing, $150 dining room set, $1,500 in recording equipment and a $500 bedroom set.
His debts included $6K in back child support, nearly $49K to the IRS and $61K on his American Express.
The docs state that the singer only made $5K in 2013 from his music and in 2011 & 2012 he had ZERO INCOME from his career.
He listed that he was self-employed as a recording artist and has been for over 17 years.
Huggar states that he only makes $777 a month from his career, but had to pay $873 a month to the IRS for back taxes.
He also had monthly expenses of $250 for food, $50 for his phone and $714 to support an unidentified person not living with him.
The bankruptcy was closed months after Huggar filed, with the trustee presiding over the case informing the court that the singer had NO assets that could be sold off to pay back the creditors and the judge signed off on closing the case and wiping his debt clear.
RL’s publicist issued a statement confirming that the singer did file for bankruptcy but the reports of him being a deadbeat broke baller were FALSE. BOSSIP exclusively talked to the talented R&B crooner and he finally set the record straight!
“I have never been the type of person to squander my money or buy a whole bunch of dumb stuff, I care about my family way too much for that. I was involved with a well-known money manager who basically defrauded almost $1 million from me. It was a devastating situation because I was the peak of my career and someone I trusted stole a great deal from not only me but many other athletes and celebrities in the industry.
Now, I am in the process of cleaning up my credit and moving forward with my professional and personal life. I did indeed file for bankruptcy but only to protect myself and my family. Not only am I rebuilding my life but also just recently paid for two year’s of my son’s college tuition. I am all caught up on my back child support and trying to recover my financial situation from someone who defrauded me, so it’s a process.”
RL shared his appreciation to his fans and even EXCLUSIVELY let us know some of business ventures:
“I am thankful to all my fans who have supported me all these years and just know I am still here and stronger than ever. Not only do I have new music coming soon but also an owner in Atlanta’s very popular Bar One. Everything I’ve ever done was to properly take care of my loved ones and family. I’m not broke!”
We wish RL nothing but the best and hope he can get this money situation cleaned up quick, fast and in a hurry. Hit the flip to peep more from the singer next!