Rapper Da Brat has filed for Chapter 11 bankruptcy revealing her assets are worth $108,700.65 but her liabilities total to over $7.7 million.
Her liabilities include $6.4 million owed to former cheerleader Shayla Stevens who won a judgement after the rapper hit her with a bottle in a nightclub.
The rapper owes another $1.2 million to Sony Music, and 12K to Ally Bank. She also has $2,284 in credit card debt and $2,284 owed to the Georgia Department of Revenue. As well as an unknown amount owed to the IRS.
The bankruptcy is still pending.
If you are thinking of filing for bankruptcy, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com