BOSSIP Exclusive: Memphis Bleek Bankruptcy Thrown Out – Did Jay-Z Help?

BOSSIP Exclusive: Memphis Bleek Bankruptcy Thrown Out – Did Jay-Z Help?

- By Bossip Staff

memphis bleek bankruptcy dismissed

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

The docs reveal Memphis has only made $5,113 in wages since the start of the year. He brought in only $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 was pending with the rapper attempting to work out a plan to pay back his creditors.

Then on August 8th, the Federal Court judge presiding over the case dismissed the entire Chapter 13 bankruptcy, leaving Memphis to fight off his creditors without any help.

The order explained that the rapper blew off a confirmation hearing he was supposed to attend and failed to resolve issues with the trustee and/or creditors.

The quick dismissal leads one to question if Jay-Z sent over a check to his good friend to help out his financial situation.

Memphis 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.

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