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Old 02-02-04, 03:54 PM   #1
Gunman tha Great
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Master P is bankrupt

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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






























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Old 02-02-04, 04:32 PM   #2
Dragon I
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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?
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Old 02-02-04, 04:34 PM   #3
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Bad Investments.
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Old 02-02-04, 04:37 PM   #4
IceMan187
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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?
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Old 02-02-04, 04:40 PM   #5
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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.
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Old 05-10-04, 12:52 AM   #6
Da Vinci
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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.
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Old 02-02-04, 04:44 PM   #7
AKA Idol Warrior
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shit, lol some one shud slap his mother, but if e brung it on himself tought shit.
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Old 02-02-04, 04:45 PM   #8
Dragon I
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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.
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Old 02-02-04, 04:50 PM   #9
Gunman tha Great
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he spent thousands on oil paintings of him, u can buy artwork of yourself for 15 bills at the park.
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Old 02-02-04, 05:12 PM   #10
Yu Bin SunD
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lol stupid ass damn i thought he was money strong still o well
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Old 02-02-04, 05:16 PM   #11
~LyRiCaL-JeZuS~
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Good, the talentless faggot never deserved the cash in the first place
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Old 02-02-04, 06:18 PM   #12
Mr.Christensen
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Time for a lil Romeo come back tour
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Old 02-02-04, 07:22 PM   #13
Mc Bling
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Time for a lil Romeo come back tour


LMFAO^^^^^^^^^^
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Old 02-02-04, 07:24 PM   #14
Mc Bling
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hahahahahaha jus red all the posts a 24krt Gold Bathroom.
if u buy that u shud go bankrupt!
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Old 02-02-04, 07:50 PM   #15
Gunman tha Great
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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
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