One year after filing for Chapter 13 bankruptcy to save her New Jersey mansion from foreclosure, the 'Magic Stick' rapper manages to pull herself out of her financial troubles.
- Jul 25, 2019
AceShowbiz - Lil' Kim's long-running financial troubles appear to be almost over after the rapper's bankruptcy bid was officially dismissed.
According to documents obtained by The Blast, a New Jersey federal judge has given the star the all clear for the case to be closed.
Last year (18), the 45-year-old filed for Chapter 13 bankruptcy after it was claimed she owed $4 million (£3.2 million) to creditors, but last month (June 2019) the rap star revealed she had managed to get her money issues under control with the help of a loan modification expert.
She insisted the whole purpose of filing for bankruptcy was to save her New Jersey mansion from foreclosure.