Trick Daddy Bankrupt Over Mortgage, IRS and Child Support
(AllHipHop News) It looks like rapper Trick Daddy is on some serious hard times because he has no money in his bank account.
The rapper's financial turmoil was reported earlier today when news broke that the famous Florida rapper was filing for bankruptcy.
According to documents obtained by TheBlast.com, Trick Daddy is in the hole $807,176.86.
Trick Daddy's most significant asset was his house. According to the bankruptcy filing, he also has $1,500 in home goods and $100 worth of clothes.
The rapper also told the court he has no cash in his bank accounts, but it's not all gloom and doom for Trick Daddy, born Maurice Young.
Trick said he only made a little over $7,000 in 2017, but his wages skyrocketed the next year when he pulled down $75,000. And he has already earned $50,000 in 2019.
His biggest debts include his mortgage, which totals over $450,000. The IRS needs $290,000 from the rapper, and he owes back child support to the tune of $57,000.
The next hearing on the case will be held on November 4, 2019.