When The Checks Stop Coming In: Memphis Bleek Files For Bankruptcy

- By Bossip Staff

memphis bleek files for bankruptcy

The former Roc-A-Fella artist says he is self-employed and runs his company, “Get Low Touring,” bringing in $5,340.94 from his business and $571 in royalties per month.

Based on the docs, Memphis wasn’t lying when he told The Breakfast Club his mentor Jay-Z doesn’t pay his bills. He doesn’t list any support from family or friends in the petition.

Every month the rapper spends over $2,250 on his mortgage, $400 on food and housekeeping, $280 in alimony/support payments, $516 for his car payment and various other bills.

Bleek listed his total monthly income as $5,911.94 but his expenses come to $5,377 … leaving him with just $534.94 left over after his bills are paid.

bleek jay z

The docs reveal Bleeks’ income has taken a major hit in recent years.  He said he only made $5,113 in wages during the first three months of 2016, and brought in just $15,747 for 2015 and $16,960 in 2014.

His music royalties came out to $6,686 for 2015 and $6,949 for 2014.

The bankruptcy is still pending with the rapper attempting to work out a plan to pay back his creditors.

Bleek was one of the first rappers to be signed to Roc-A-Fella Records. His last album was released in 2005, and he has been working on his next album “The Process” for several years.

It’s not the first time Memphis Bleek has had money problems. In 2007, the IRS hit him with a federal tax lien for $37,752, but later settled the debt with Uncle Sam.

BOSSIP’s attempts to reach Memphis Bleek via phone and email were not successful Monday.

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