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-   -   Master P is bankrupt (http://community.rapverse.com/showthread.php?t=111631)

Gunman tha Great 02-02-04 03:54 PM

Master P is bankrupt
 
thats right bitches, tha guy filed for it.Don't mean he drop dead broke, just trying 2 keep everything he has, he might owe a whole lotta money.He made over 200 million dollars so if he is drop dead broke somebody should slap his mouthafucking mother






























Twice

Dragon I 02-02-04 04:32 PM

lol. oh well. i guess it's understandable. he hasn't had a big star in a long time. could he actually get flat broke though? how much must he owe to manage that completely? and where would the money have gone i wonder?

Canuck 02-02-04 04:34 PM

Bad Investments.

IceMan187 02-02-04 04:37 PM

like ugly ass sneakers and buyin rides for his kids, and a 24 karat gold bathroom.......
all unneccasry and stupid......

but how is he bankrupt when he has a son who makes more dough than him?

Canuck 02-02-04 04:40 PM

Taxes. You bring'n in 50 million a year, your pay'n 30 in taxes, and it must be hard to pay it, prolly waited his 3 year limit, then BAM, now you owe the Government like 75 million. File for Bankrupt, all bills are now paid, sit and watch your investments bring in money, sell your house (Gold Bathroom for that matter), then your find.

AKA Idol Warrior 02-02-04 04:44 PM

shit, lol some one shud slap his mother, but if e brung it on himself tought shit.

Dragon I 02-02-04 04:45 PM

lol. gold bathroom. what a waste of money. but then, probably got it at the height of his career when he thought he'd keep earning forever. oh well. maybe now he'll learn to value money a little more.

Gunman tha Great 02-02-04 04:50 PM

he spent thousands on oil paintings of him, u can buy artwork of yourself for 15 bills at the park.

Yu Bin SunD 02-02-04 05:12 PM

lol stupid ass damn i thought he was money strong still o well

~LyRiCaL-JeZuS~ 02-02-04 05:16 PM

Good, the talentless faggot never deserved the cash in the first place

Mr.Christensen 02-02-04 06:18 PM

Time for a lil Romeo come back tour

Mc Bling 02-02-04 07:22 PM

Time for a lil Romeo come back tour


LMFAO^^^^^^^^^^

Mc Bling 02-02-04 07:24 PM

hahahahahaha jus red all the posts a 24krt Gold Bathroom.
if u buy that u shud go bankrupt!

Gunman tha Great 02-02-04 07:50 PM

funny shit is, did you hear his country ass talk about them shits? "these are all gold fixstuuuuuuuuuuuuuuurrrrrrrreeeeeesssss" if u gon buy something, be able to talk about tha shits

Axiom 02-02-04 08:02 PM

Is there a link to the actual article?

Fl~O~mEtRy 02-02-04 08:04 PM

haha, probl cuz that dumb ass wanted a show on Nickolodeon for his kid

Bio*Chemist 02-02-04 08:20 PM

I haven’t read any of the other post however
I kina knew this was going to happen.
After seeing MTV cribs and seeing all the
Expensive things he purchased , it was ridiculous
And bond to happen.

Emotion 02-03-04 12:51 AM

did u need to make a thread???

...Àû†øpšÿ... 02-03-04 06:01 AM

Wheres Da Link??............................

SWINGAWAY 02-03-04 12:14 PM

Romeo should lone him some money

Da Vinci 05-10-04 12:52 AM

Quote:
Originally Posted by Canuck
Taxes. You bring'n in 50 million a year, your pay'n 30 in taxes, and it must be hard to pay it, prolly waited his 3 year limit, then BAM, now you owe the Government like 75 million. File for Bankrupt, all bills are now paid, sit and watch your investments bring in money, sell your house (Gold Bathroom for that matter), then your find.


There's no investment, when you file for bankruptcy your not allowed to own anything, therefore all his assets are sold off. He would have to either pay what he owes or have everything in someone else's names. He is allowed to keep tangiable assets though, meaning A car A house etc.. So he would be fine there.

Willa 05-10-04 01:05 AM

buyin shit 4 his kids is cool but a gold bathroom an elevator in his house gold trim on his pool tabel real marbel pool hello thats stupid but 50 does stupid shit 2 like puttin diamonds in his rims

Triple_N 05-10-04 01:11 AM

That shit's stupid but don't you wish you could afford to do those stupid things?

Willa 05-10-04 01:22 AM

no y thats pointless im not from the hood like most i live in a big house i get whatever i want so im cool with what i got

Lyriclesolja 05-10-04 01:38 AM

Yo that shit dosent suprise me
i mean his son is bankin more than he is
and not to mention that shity ass clothing line P. Miller
im not hatin or any thing but i think that 200 mill.
is a shit load to loose and he should get bitch slaped
by every one in the game including us! lol

Killuminatic 05-10-04 03:53 AM

master p has more stock than any other entertainer. He for damn sure aint broke. Bankruptcy is a way of securing your wealth when youre rich dumbshits

Vc 05-10-04 12:22 PM

Quote:
Originally Posted by Gunman tha Great
funny shit is, did you hear his country ass talk about them shits? "these are all gold fixstuuuuuuuuuuuuuuurrrrrrrreeeeeesssss" if u gon buy something, be able to talk about tha shits


hilarious!..gold fixtureeees!

EyeDEA 05-10-04 12:27 PM

thazz crazzy well he better milk the cow on that little disney show he got wit romeo cuz he aint really cashin in the rap industry anymore

EyeDEA 05-10-04 12:27 PM

he better form TRU again thazz when his shit was hot and actual made sense enough to buy $$$$

YuNG TiLT 05-10-04 02:13 PM

Damn, see that's money not spent right! That mutha fucka has hella bread, but has no more butta!!!
Dumb fuck! Don't slap his momma, slap his dumb ass!!!!

Metaskriptz 05-10-04 06:06 PM

lol O well no relly cares about it..he got wack...use to be good

Optimal 05-10-04 09:19 PM

yea right hegot mad doe


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