Jay-Z’s protégé Malik Cox, popularly known as Memphis Bleek has filed
for Chapter 13 bankruptcy, and he claims that he has just $100 in cash. He filed the
paperwork in the US Federal Court in New Jersey on March 14th. He told the
court that his assets totaled just $274,190, and his liabilities total
$384,804.91. See the list of his assets after the cut…
– Keyport, N.J. home worth $250,000;
– a 2014 Chevy Impala worth $14,000;
– household goods worth $2,970;
– wedding rings for him and his wife worth $5,000;
– $2,000 in clothes;
– pictures worth $120;
He says 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’s liabilities include $335,000 owed on the N.J. home, $24,000
on the Chevy Impala, $9,000 owed to the IRS and $13,000 to Monmouth
County Superior Court.
