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Rapper, Lil’ Kim has officially filed for Chapter 13 bankruptcy. Reportedly, she owes about $2 million in taxes and her late mortgage payments for her mansion in New Jersey has resulted in her home foreclosing.
Her home is going up for auction on June 29. Lil’ Kim proposed a repayment plan of $5,500 a month in attempts to save her New Jersey home and clear her debt, but was denied.