112’s Lead Singer Owes More Than $300K; Third Time In Two Years Singer Filed For Bankruptcy
Third time may be a charm for Slim.
The lead singer of 90s R&B group 112 has filed for bankruptcy again, the third time since 2013, BOSSIP has learned.
Slim, real name Marvin Scandrick, says in bankruptcy papers that owes more than $300,000 in mortgages, back taxes and back child support, but the $5,600 a month he makes isn’t enough to cover his debts and day to day cost of living.
Not even his recent windfall from “Magic Mike XXL” was enough to stave off his bankruptcy. Scandrick got a percentage of royalties from the 112 song “Anywhere” appearing in the movie and on the film’s soundtrack.
In his filing, Scandrick said he owes $256,000 on one mortgage, $33,700 on a second as well as $3,100 on homeowners association fees. Scandrick says in the bankruptcy papers that he owes $2,337 in back child support to two baby mamas.
The papers said Scandrick also owes $700 in back taxes and still hasn’t filed for 2014.
Slim said he has $200 to his name in a checking account, $200 in clothing, a $50 watch, a 2005 Lexus worth $8,500 and a $250 pistol, according to docs filed in U.S. Bankruptcy Court in Atlanta.
The father of three has agreed to a three-year, $1,400 a month payment plan to get back on track.
Earlier this year, BOSSIP revealed that Scandrick filed for bankruptcy, but had the case dismissed because he only paid $1,500 of his $6,000 in bankruptcy plan payments. He also previously filed in 2013.
We’ve reached out to Slim’s rep for comment.
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