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Trick Daddy Faces Bankruptcy Problems Amid Beyoncé Beef

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daddy tip faces serious financial problems as its bankruptcy risks being dismissed by the courts.

According to court documents obtained by Radar, the trustee who chairs the rapper’s Chapter 13 accuses him of not having made his required monthly payments.

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In August 2019. Trick Daddy (real name: Maurice Young) filed for bankruptcy in Florida court. The rapper has a long history of financial troubles and already has three bankruptcy filings under his belt.

His debt was never discharged because each of his previous attempts was rejected because he had not filed the proper documents. In his 2015 petition, Trick said he had $ 430,000 in assets but $ 645,000 in liabilities.

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Source: MEGA

At the time, most of his debt came from the mortgage on his house in Florida. He also owed nearly $ 40,000 in child support. In court documents filed in his 2019 case, Trick revealed that he has racked up over $ 800,000 in debt and is struggling to pay it off.

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His assets included his Florida home valued at $ 350,000, household items valued at $ 1,500 and clothing valued at $ 100. He told the court that he had nothing in his checking account. His debts included $ 435,000 owed on the house, $ 12,000 in homeowner’s fees and $ 60,000 in child support.

daddy trick rejected bankruptcy beyonce diss

Source: MEGA

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Trick also owes the IRS nearly $ 300,000 in back taxes. Trick, who plays on Love and hip-hop: Miami, claims to make $ 10,000 per month.

Her monthly expenses total $ 3,000. In his petition, the rapper said he only earned $ 75,000 in 2018 and $ 7,500 in 2017. As part of the case, the rapper was put on a 5-year repayment plan where he agreed to pay $ 7,300 per month on his debts. In recent court documents, the trustee requests that the bankruptcy be dismissed.

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They accuse Trick of not having made the required monthly payments.

Court documents indicate that Trick owes $ 22,185.08. He has until July 2 to pay, otherwise his whole case will be closed. If this happens, he will assume all of his debts and will not benefit from the court’s collection protection.

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daddy trick rejected bankruptcy beyonce diss

Source: MEGA

Things financial problems come as Beyoncé fans attack him for remarks he made about the musician. In a recent interview, Trick said Beyoncé can’t sing and give back to music the way she should. He criticized Beyonce, “because she sees money” and she “isn’t trying to give back to the music or anything”.

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daddy trick rejected bankruptcy beyonce diss

Source: MEGA

“Beyoncé doesn’t write music and can barely sing herself. Beyoncé can’t sing,” he said. unpopular opinion at the moment: Beyoncé is to R&B what Jay-Z is to New York. This is why they are together. Jay-Z never won the greatest rapper alive. Who upgraded it to a level like that? “

A judge has yet to make a decision on Trick’s bankruptcy.