Memphis Bleek has responded to reports that he filed for bankruptcy earlier this year.
He retweeted a post on Twitter from Noreaga saying that the two talked on the phone today and laughed at the reports.
The Brooklyn, New York rapper supposedly claimed only $100 in cash in his assets when he filed for Chapter 13 bankruptcy in March.
(This article was first published today [July 13, 2016] and is as follows.)
Rapper Memphis Bleek has only $100 in cash to his name, according to a report from Bossip.
The website reports that Bleek filed for Chapter 13 bankruptcy back in March of this year.
While the Brooklyn wordsmith does have a variety of assets, his liabilities far outweigh those assets. Among the assets listed by Bleek when he filed for bankruptcy were a New Jersey home, a Chevy Impala, clothing, and wedding rings.
In total, his assets are listed at $274,000, but his liabilities are at a staggering $385,000.
His New Jersey home serves as the biggest liability, with $335,000 owed. Other creditors include the IRS and Monmouth County Superior Court.
Back in 2014, Memphis Bleek revealed that he had been working alongside Jay Z with D’USSE, a cognac Hov helped in launching. During an interview with Mikey T The Movie Star, he recalled moving cases of the cognac, which retails for around $50-$60 per bottle.
“I called Jay one day and I was just like ‘Yo, I been doing music since I was 16-years-old, man. I wanna do something different. Something that I think I can’t do,’” Bleek said, during his 2014 interview. “And he was like ‘You ready to put this work in lil’ nigga?’ So, I’m like ‘Of course, man.’ He like ‘Come to the office.’ So, I come to the office or whatever. And then he had the bottle. He’s like ‘Yo, this this new liquor we pushing. I wanna bring you on board.’ So, I’m like ‘Whatever you want me to do I’m there.’ And he was like ‘Let’s see what you can do.’ And ever since then I been out there pushing cases like dope.”
Memphis Bleek’s bankruptcy is currently pending while he works on a payment plan.
let the clowning commence
Better holla at JAY!! But didn’t Jay-Z said in one of his songs As long as hes alive Bleek is good.
“Bleek could be one hit away his whole career, As long as I’m alive, he’s a millionaire, And even if I die, he’s in my will somewhere, So he can just kick back and chill somewhere, oh yeah…”
Bleek gone be alright. Fingers crossed.
Lol. you beat me too it. this was my exact thinking soon as I seen the headline. Where you at Hov?
Haha. I was like “quick, I’ve been waiting for this moment, copy and paste, copy and paste!”
Can’t eat off another man forever
Bleek was always underrated and dropped dope albums, hope he can get through this.
TBH Bleek is a terrrrrible (Charles Barkley voice) rapper. But he hustles and has been putting work in for Jay for 2 decades. He’ll be more than good.
Oh my God, this guy is such a fucking tragedy…
what a washed up hasbeen lol.. i knew he was rockin that Dr. Phil hairline too, this is the first time ever i see him without wearing a stupid, childish baseball cap. I knew he was bald as fuck.
You sound gay talkin about grown mens hair and shit
Seems like everyone who used to fuck with Hov are bankrupt now, Dame, Bleek, etc..?
Grown men need to carry they own weight, can’t be a grown man dependent on another grown man to take care of you…ain’t Jays fault little man
Lil nigga? Ain’t dude in his 40s? Jeez
He’ll be fine. Bankruptcy means you can pay back a certain amount each month until the debt is cleared while also keeping his home and other assets. It’s a very sensible option and he clearly has the means to earn money
Guess those court fees add up..smh Bleek
The powers that be shoulda never let Bleek file for bankruptcy. It’s just really looks bad on Jay. You can sit there and read my comments and say one man shouldn’t have to take care of another man all you want. But fact is, you never let any of your close friends/family be fucked up if you got it. Never. That’s just the way the people I be around were raised. You are a reflection of the people you be around.
it costs maybe 10k max to file for BK…. lose 300k in debt. BK doesn’t mean you are broke, it means you don’t have to pay back your debt…. people are so ignorant when it comes to shit like this.
If Jay-Z is really helping him out, he says, file for BK, then ill give you 300k. man is now up 290k. that’s just good business
He’s a rap star LOL. TBH this guy is in my “Top 5 wackest MCs alive” with Bow Wow, Murphy Lee, Wiz Khalifa and Beanie Sigel.
Sigel is a Beast. Period. The rest you mention are garbage for sure.
You lost all credibility mentioning Sigel on your wack rapper list…..did you listen to Sigel during the Lox/Jadakiss beef. He arguably won that, and I know you don’t think Jada is wack…probably in your top 5.
That Sigel vs Jada was EPIC I liked it more that Jay and Nas because it was on that street level!!
Beanie sigel????? Your opinion is irrelevant you dumb fuck
AS LONG AS IM ALIVE HE’S A MILLIONAIRE SO JUST LAY BACK AND CHILL SOMEWHERE<jay_z
Bleek can be one hit away his whole career, as long as I’m alive he’s a millionaire–Jay
Guess not.. Bleek is s good dude, he needs to separate himself from Jay and start his own hustle.
lol so he just told a story where he went from rapper to liquor representative. so he’s the dude running around from bar to bar trying to talk up this garbage booze and he’s trying to make it sound like a step up career wise. so is the ending of this story that his awful new jersey home is filled to the ceiling with crates of this goofy vodka nobody wants?
c’mon, people. where’s all the bashing for memphis bleek at? when 50 filed for bankruptcy, he became the laughing stock. we should do the same for bleek. did u see how much money bleek had? $100? c’mon, let’s laugh at this guy too! hahaha, broke nigga!
MEMPH BLEEK IS WHAT! MEMPH BLEEK IS BROKE! SAY IT AGAIN MUTHA FUCKAS SAY IT AGAIIIIIIIIIIN!
He can sell those baseball caps he had for money. How much are those worth?
I think at first look, it can be easy to clown Meek or shit on Jay for not taking care of him. But the reality is we don’t know whats really going on behind closed doors. Jay’s a business man and acts as such. I know we all have the mentality of if I got then my man got it. But I don’t think Jay would reach to where he is @ now, if he bailed out everyone who was supposed to be his man and them. He enabled his whole crew to make money and at some point people become responsible for themselves. I honestly don’t doubt that Jay is helping Bleek but he could be coming from the business man perspective, allowing his lawyers to advise him or better yet advise Bleek.
Jay could very well be still supplying Meek with an income/allowance etc but at the same time teaching Meek how its done in the business world, how to re-organize your debt and such. It happens to the wealthiest of the wealthy, how many times has Trump filed for bankruptcy. The only embarrassing part of this is that he’s in the public eye, and of course we are going to have opinions and so on. But didn’t 50 cent just do the same? Is he out on the street? For some reason i don’t believe Bleek only had $100 in his account. I’m sure there’s a trust somewhere with his name on it. However he’s not 20 year old college kid, he’s a grown man, and as such these things happen. He’ll be alright…at the end of the day, what do we truly know about his life and relationship with Jay?
Meek or Bleek?
Okay Jay-Z, time to make good on those lyrics, lol.
It’s quite possible Memph didn’t want to bother Jay with his problems. He is a grown man after all
Damnnn look at my boy Bleek! This here is proof that he is a dope businessman who knows EXACTLY what to do with his money just like Fiddy and Trump! These men have the exact business acumen we need to MAKE AMERICA GREAT AGAIN!!!
FIDDY-BLEEK 2020!!
Where’s that F#ck Queensbridge guy always saying Nas lost. He’d love this story.
“Bleek could be one hit away his whole career
As long as I’m alive, he’s a millionaire
And even if I die, he’s in my will somewhere
So he can just kick back and chill somewhere, oh yeah” – jay z
Same shit I was thinking…Jayz could at least hire him as a secretary or something so he can at least pay his bills. Lol
Beat me to it…same line popped up in my head immeidiatly
He has $274,000 in assets and people r clowning…just let that sink in as you realize you’re sitting in a bedroom inside your mama’s house
bleek aint broke…hes trying to keep from going broke, or keep from making high payments on his different assets
He may have avoided someone suing him, they got a judgement for a crazy amount so to keep his life togeher and shut them down he would file a 13. now, thats complete speculation, but that exact same thing happened to my ex. dont stick your head in the ground and avoid!
Call up Hov to write him a check. La Famalia.
It’s confirmed that this is fake. You guys need some new journalist who actually know the culture
“bleek can be one hit away his whole career, as long as im alive hes a millionaire”
I doubt Hov letting bleek starve 😛
So don’t believe everything your earlobe captures –
Its mostly backwards –
Unless it happens to be as accurate as me –
And everything said in song you happen to see –
Then actually, believe half of what you see –
None of what you hear even if its spat by me –
And with that said, I will kill niggas dead –
Cut niggas short, give you wheels for legs –
Im a K-I- double -L-E-R –
See ya’ll in hell –
Shoot niggas straight through the E.R. –
Whoa- this ain’t B.R., no –
Its S.C., C.E.O., the next Lyor? –
No, the next leader of the whole free world –
And the first thing i’ma do is free Sigel, GO! –
All you have to do is look it up.. it’s public information.. so for those who posted it and it ain’t true.. shame on you