bankruptcy

Lil kim, Someone Please Stop Lil' Kim Before She Completely Implodes

Report: Lil Kim’s Bankruptcy Case May Not Be Dismissed

by Teddy Grant   Jun 20, 2018

Lil Kim’s $4 million debt may not be cleared away and her bankruptcy case may move forward because her suggested repayment plan was not accepted... Read More

Malia Obama

Report: The Weinstein Company Owes Money to Malia Obama

by Teddy Grant   Mar 26, 2018

The Weinstein Company owes money to former first daughter Malia Obama, Deadline reports. The company owes money to Obama, Ryan Coogler, Daniel Radcliffe, Robert De Niro... Read More

Toys R US, Charles Lazarus

Toys R US to Close 800 US Stores, Files for Bankruptcy

by Teddy Grant   Mar 15, 2018

It’s the end of an era for Toys R US kids. The toy company announced on Wednesday that they’re going out of business and closing... Read More

50 Cent Bitcoin

50 Cent Has ‘Never Owned, and Does Not Own, Any Bitcoins,’ According to Court Docs

by Teddy Grant   Feb 27, 2018

Reports that Curtis “50 Cent” Jackson earned and forgot about $7 million in bitcoins may not be true, according to the rapper himself. In a “Declaration... Read More

The Bright Sides to Filing for Chapter 7 Bankruptcy

The Bright Sides to Filing for Chapter 7 Bankruptcy

by Kara I. Stevens   Jan 04, 2017

Nic Cober, attorney and author of CEO of My Soul, a memoir that chronicles this small businesswoman’s tumultuous personal and entrepreneurial journey through debt,... Read More

Wait, What? Roscoe’s House of Chicken and Waffles Is Bankrupt?

Wait, What? Roscoe's House of Chicken and Waffles Is Bankrupt?

by #teamEBONY   Mar 29, 2016

For 40 years, Los Angeles-based restaurant chain Roscoe's House of Chicken and Waffles has been a brand synonymous with soul food. But financial troubles may... Read More

50 Cent and Bankruptcy:
Was His Money a Mirage?

50 Cent and Bankruptcy:
Was His Money a Mirage?

by Lynnette Khalfani-Cox   Jul 20, 2015

Social media and the mainstream press have been buzzing recently about rapper 50 Cent and his Chapter 11 bankruptcy filing. If you’ve read any of... Read More

Rapper 50 Cent Files for Bankruptcy

50 Cent Files for Bankruptcy

by #teamEBONY   Jul 13, 2015

Curtis James Jackson III, the rapper better known as 50 Cent, filed for chapter 11 bankruptcy protection Monday. In court papers filed in the... Read More

The Different Degrees of Bankruptcy, Explained

The Different Degrees of Bankruptcy, Explained

by Lynnette Khalfani-Cox   Jun 19, 2014

If you’re thinking about filing for bankruptcy protection because you’re overwhelmed with bills, you need to know the difference between Chapter 7 and Chapter... Read More

Carol’s Daughter founder downplays bankruptcy report

Lisa Price Speaks

by The Grio   May 02, 2014

Lisa Price, founder of Carol's Daughter, released a statement about the company's recent bankruptcy filing.  In a statement released Wednesday, Lisa Price, the founder... Read More