Bow Wow has been ordered to pay child support for his 1-year-old daughter, but we’ve learned he withheld critical financial information from the judge. Bow Wow and baby mama Joie Chavis were in court Monday, fighting over exactly how much Bow Wow is worth and how much he has to pay. After some haggling, Bow Wow voluntarily agreed to shell out $3,000 a month in support for baby Shai. Bow Wow told the judge … he makes $4,000 a month working as an employee at Cash Money Records, and that’s it. He testified he leases a Jeep and has a grand total of $1,500 in his checking account. So here’s the question — if he makes $4,000 a month before taxes, how can he afford to pay $3,000 a month in child support?
We just found some documents that show creditors have been chasing him for 3 years over a car. B.W. leased a 2005 Ferrari F430 back in 2008. It didn’t take long for the rapper to fall behind, because in February, 2009, the leasing company sued him and got a judgment for $216,084 … oh, and 75 cents. Since getting the judgment, the leasing company has been on the hunt for payment, using a collection agent to track down Bow Wow. Mr. Wow never paid, and now with interest the judgment has swelled to $283,785 … oh, and 13 cents. Bow Wow told the custody judge he only had $1,500 in his bank account and leases a jeep. Wow, maybe Bow was telling the truth.
Niggas is spending racks on rack on rack of empty penny roll containers at these strip clubs. Throwing up Lyra bills and whatnot. There is absolutely no way these dudes can even afford to pay entrance fees at K.O.D. if that’s what they working with.
Casket Face Says:
October 8th, 2012 at 5:38 pm
Feel sad for these rappers lol, I’d hate a regular dude paying bills living YOUR life off of his craft too.
That’s gotta hurt.
If you saw my bank statements and investment summaries you would wanna apprentice me like Fonzworth Bentley, b. Holding my umbrella smiling and shit Real spit. Real life, all first verse. No made up shits, no middle of the mall shits.
I’m sure I’m not getting Slumblicial “established lawyer” money, and not racking up like some of you gentlemen on these here boards, but I’m not doing too shabby like I thought if rappers are literally taking home the same stipend as b the commenter.
^I don’t really wanna count him out just yet. They said Al Gore was done. And remember when Diddy didn’t have anyone signed to Bad Boy and people were calling it a wrap? Or what about Currency? And Dre? Nelly, maybe?
The chips are down, no doubt, and no I’m not a fan, but he CAN use this as a “put your back against the wall and start swinging” mentality.
I’ve said countless time here that you got my utmost respect. If what I said was taken in bad taste, then I apologize. I was using your reference since as a backdrop to highlight rappers being everyday men like us and not the Gods that we put them on platforms to be seen as better.
it’s possible that he got all the wild/fun out of his system… now he can work some lowkey blue collar job in a small town & raise a peaceful family
an ideal mindframe for any athlete x entertainer.
but of course any athlete or entertainer with the talent to make a few million at the top of his profession during his first few years in the game thinks that he will max out his profits (as he probably naturally should) so they never think this rationally.
A lot of dudes lose sight of what’s important chasing the allure of this rap shit, there’s no coincidence 98% of rappers are dumb as bricks and end up broke.
Money isn’t real, power isn’t real but the magician controlling the magic is real and living that life…you wanna be a boss, learn how to win at Monopoly everything you play…theres literally no difference, once you felt death you have no control over you’ll realize this.