Da Brat Files for Bankruptcy
Da Brat reportedly made $106,000 in 2017 and has already earned $75,000 this year, but that still isn't enough to get the Chicago rapper out of debt and she's now filing for bankruptcy. According to an Aug. 22 report from The Blast, Da Brat claims to have assets totaling $108,700.65 but her liabilities come out to $7,782,249.57.
The rapper is reported to owe $6.4 million to former cheerleader Shayla Stevens—the woman she hit with a bottle at a nightclub—as well as $1,255,128 to Sony Music and $12,000 to Ally Bank. The So So Def artist also has $2,284 in credit card debt, owes $2,284 to the Georgia Department of Revenue and owes an unknown amount of money to the IRS.
As for her assets, Da Brat owns a 1999 Mercedes 238i worth $5,000, a 2014 BMW 328i worth $15,000 and a 2016 Jeep Wrangler worth $23,000. The rapper also has household goods worth $8,000, electronics that come out to $3,000, an elliptical machine worth $2,000 and clothes worth $20,000.
The "Funkadfied" artist is making $9,319 as an entertainer and radio personality but her expenses total $10,506.55. The rapper also made $92,000 in 2016. Since 2015, Da Brat has been working as a co-host on the Rickey Smiley morning radio show.
It's been 15 years since Da Brat released her last album, Limelite, Luv & Niteclubz but she has stayed busy dropping new music. In 2016, Da Brat dropped the song "Alessandro Michele," "F U Pay Me" and also teamed up with Jermaine Dupri for the song "Level Up." The rapper is also featured on the So So Def 25 compilation project.
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