Thursday, January 27, 2022

Lil Kim: Bankruptcy Court Docs Show $25K Loan from Missy Elliott

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*So, is Lil Kim‘s money funny or not? She’s supposed to going through a bankruptcy, but apparently she couldn’t help spending some big money on Kylie Jenner lip kits.

Well, interestingly, because of her ongoing bankruptcy, Kim is mandated to provide the court with monthly reports of income and expenses.

According to  documents obtained by The Blast, Kim spent $3,000 on Lyft rides throughout the month of December. She also dropped $1,300 at a furniture store and $2,000 on Overstock.com.

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As for beauty, she claims she spent $604 at a Kylie Cosmetics Shop, which is a pretty good haul of makeup.

Her travel expenses included $650 for an Airbnb, $1,700 on hotels and $1,500 on rental cars.

There’s more! The rapper also listed what she earned, including $4,600 in music royalties from SoundExchange. She also listed a $25,000 loan from Missy Elliott, who has long been a close friend of Kim. And it appears Missy came through to help Kim out with her financial troubles.

As weas also reported, Kim filed last year for Chapter 13 bankruptcy protection and listed assets totaling $2,573,300 with liabilities in the amount of $4,084,841.60. She owes $1,845,451 in back taxes alone.

She recently saved her New Jersey mansion from foreclosure, but has a long way to go before she’s back on her feet.

 

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