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Lil Kim Files For Bankruptcy

jbolanos Posted on June 11, 2018 at 12:16 pm

NEW YORK, NY - FEBRUARY 13: Recording artist Lil' Kim attends The Blonds runway show during New York Fashion Week: The Shows - Day 6 on February 13, 2018 in New York City. (Photo by Mike Coppola/Getty Images for New York Fashion Week: The Shows)

Mike Coppola / Getty Images

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.