In Shocking But Not At All Shocking News, Memphis Bleek Reportedly Filed For Bankruptcy
Bossip- Jay-Z’s protégé Memphis Bleek is drowning in debt and has filed for Chapter 13 bankruptcy after revealing he has just $100 in cash, BOSSIP has learned. The rapper, whose real name is Malik Cox, filed the petition on March 14th in US Federal Court in New Jersey. Bleek said he has assets in the amount of $274,190, but his liabilities total $384,804.91. The 38-year-old said his valuables include his Keyport, NJ home, which is worth $250,000, a 2014 Chevy Impala valued at $14,000, $2,970 in household goods, $120 in pictures and books. He said he has $0 in his Chase business account, $100 in cash on hand and ownership of his company “Get Low Touring,” which is worth $0. Bleek said the only jewelry he owns is he and his wife’s $5,000 wedding rings, and owns $2,000 in clothes. But rapper’s liabilities include $335,000 owed on the NJ home, $24,000 on the Chevy Impala, $9,000 owed to the IRS and $13,000 to Monmouth County Superior Court.
“Memph Bleek is murda. Memph Bleek is drugs. Memph Bleek is bankrupt!” Now let me clarify that the only reason that this news could be considered shocking is that Memphis Bleek always seemed to be the guy Jay-Z would never allow to sink. Chance after chance despite piss poor numbers like Dave Brown and the Giants. How does someone that calls himself a businessman as well as a business, mannnn like Jay-Z allow his lapdog to go bankrupt like Gawker when said businessman is married to fucking BEYONCE! Jesus Christ, Hov. Just let Memphis Bleek hang on your coattails for years and then just cut him loose when he needs you most? The only answer has to be that the Bey holds the wallet in this relationship, right? It has has hasssss to be straight up Lemonade fallout. And lets not forget about this lyric:
However, I’m not gonna lie. Learning that I have more in cash on me right now than Memphis Bleek allegedly does made my day a little bit. Yesterday I went to the ATM and the previous person had left their receipt in the machine and I looked at it hoping that I had more money in my accouint. Nope. Trumped my bank account by a few thousand. So thanks for that, Bleek. Also “Get Low Touring” being valued at $0 was laugh out loud funny stuff. This blog is worth the same as Memphis Bleek’s business. And it serves Bleek right because anything named “Get Low” should be the reserved for Lil’ Jon . He made millions of girls dance to a song about sweat dripping down balls and caused radio stations to willingly use the word “skeet” on their airwaves.
And while I hate to snitch on Bleek like some fat, white blogging D’Angelo Russell, I think I just poked a hole in Bleek’s iron tight “the only jewelry I own are my family’s wedding rings” defense.
But despite all this nonsense, these were are forever will be bangers: