Rapper Lil Kim files for bankruptcy

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Lil Kim

Lil Kim has reportedly filed for bankruptcy in New Jersey. According to TMZ, it happened last month when she claimed she’s in debt $4 million.

TMZ reports that, the legal docs show Kim owes $2 million on a loan for New Jersey crib and a little more than $1.8 million in unpaid taxes. She’s also looking at a hefty legal bill of $186,000.

There is a hearing scheduled for July and in the meantime, she’s offered to pay $5,500 a month to a creditor to sort it all out.

The Queen Bee is supposedly working on a new album, which could potentially help with her debt.

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