Despite bringing in $14,500 a month in publishing money and club gigs, Trick Daddy has filed for Chapter 11 bankruptcy. According to the site, the downfall of the "Let's Go" emcee's finances stems from child support debt, back taxes, and a large mortgage.
The Miami rapper listed $430,000 in assets, and he claims to only spend $500 a month in clothes and jewelry, but his debts total a staggering $640,0000. Trick reportedly owes $57,119 in back child support to two different mothers of his children, $290,000 in back taxes, and $280,000 on his first mortgage.
We had the chance to speak to Trick Daddy last year, and he spoke about his struggle with the autoimmune disease lupus. He told us that while he has a long list of pills that he has to take to combat both the illness and side effects of the medication, he's still trying to live life to the fullest. You can check out the full interview here.
Source: TMZ
