debt
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YK Osiris either needs a financial advisor or better luck, or both, because the rapper has found himself having to pay off another one of his famous friends, this time opting to perform for Drake rather than pay him what he owes. The encounter went down at Drake’s house, where the OVO rapper confronted Osiris […]
U.S. debt collectors have a new tool at their disposal: social media. Under financial regulations that went into effect Tuesday, debt collection agencies can now contact people via text or direct messages on social media. The rule was added to the Fair Debt Collection Practices Act, a 44-year-old piece of legislation that controls how debt collectors can […]
It seems Uncle Sam is coming for Lil Pump. According to legal documents reviewed XXL magazine, the “Gucci Gang” rapper—legal name Gazzy Garcia—owes the Internal Revenue Service more than $1.6 million in unpaid taxes from 2018. The agency reportedly filed a lien against Lil Pump’s $5 million Miami mansion, which he purchased shortly after the release […]
President Biden’s latest budget will reportedly not include forgiveness for student loan debt. In previous news on the combination of Biden and student loans, the then-presidential-candidate had campaigned on his support of wiping out $10,000 of undergrad/grad student debt per year of national or community service, up to five years and $50K. After winning the election […]
Ja Rule is reportedly facing more money problems. And his longtime foe 50 Cent is clearly amused. Earlier this week, Radar Online reported that the IRS was suing Ja and his wife, Aisha Atkins, over unpaid federal taxes totaling more than $3 million. The IRS has reportedly made many attempts to get the money, which is owed from 2005-2010 […]
Joe Biden may be changing his tune on massive student loan forgiveness. During an interview with Politco on Thursday, White House Chief of Staff Ron Klain confirmed the president is exploring his options on canceling a large chunk of debt held by federal student loan borrowers. Klain said Biden has asked Secretary of Education Miguel Cardona to prepare a memo that […]
Since 2010, per a new report, Trump has had an estimated $287 million in debt forgiven. The majority of that amount was in connection with a development for a Chicago skyscraper. The debt and related maneuvering is detailed in a new report from the New York Times, which revealed on Tuesday after obtaining tax records […]
In the wake of their largest American franchisee declaring bankruptcy, Pizza Hut will be closing down nearly 300 of their restaurants in the U.S. This grim news, which had previously been forecasted, comes after NPC International filed for Chapter 11 last month. On Monday, an announcement was made in which it was said that Yum! […]
50 Cent claims he has turned a new leaf and will no longer argue with anyone. But that doesn’t mean he’s forgiving his debts. On Tuesday, the hip-hop mogul returned to Instagram with a screenshot of a headline about his latest legal win against Teairra Mari. The story, published by The Blast, reported 50 had been awarded […]
Keoni Ching, of Vancouver, Washington, just wanted to make a significant contribution to “Kindness Week” at his school Benjamin Franklin Elementary. Inspired by San Francisco 49ers cornerback Richard Sherman, who donated over $27,000 last year to cover students’ lunch debt, Ching decided that he wanted to extend that type of kindness to his own classmates by selling custom key chains because, as […]
