Mall food court mainstay Sbarro has a bank account that’s more dry than their struggle Stromboli’s and the fast-food chain is making it public knowledge by filing for the second bankruptcy in the past three years.
RadioShack just spent beaucoup bucks on a Super Bowl commercial but there latest numbers report (-4.84%) suggest that money was probably better served collecting interest in an emergency account.
The light at the end of the tunnel in Struggleville has finally blinded the eyes of ex-NFL quarterback and former Heisman Trophy candidate Vince Young.
DMX may have to start paying his creditors, despite previous claims of being broke and down to his last $50. The Yonkers rapper filed for bankruptcy protection in July, but a New York judge has formally denied that request because the financial info provided wasn’t “trustworthy.”
The US government is currently in a shutdown, but Young Buck is a free man. The Nashville rapper made the announcement via (how else?) Twitter today (Oct. 1).
We all know DMX isn’t as flush with cash as he used to be, but this is ridiculous. According to a court filing, the Yonkers rapper is down to his last $50 cash and has no money in the bank or enough assets cover all his debts.
Detroit is broke. Dead broke. The Motor City has been hit hard by the economic downturn, and filed for Chapter 9 bankruptcy protection Thursday (July 18).
As Hostess Brand Inc. descended into economic ruin, executives at the company made sure to give themselves six-figure raises. The company filed paperwork to liquidate its assets late last week, and will attend a hearing in front of a bankruptcy judge in New York, Monday (Nov. 19), yet gave its big wigs up to 300 […]
Consider Michael Vick the poster child for “Blowin’ Money Fast.” The Philadelphia Eagles quarterback has made $31 million since filing for bankruptcy back in 2008. But the kicker, reports TMZ, is that the VA native has spent $29 million of those bucks. It wasn’t on b.s., like these athletes here, though.
For those of you wishing to see another appearance from another deceased performer by way of hologram may have to wait quite a while to see that again. Digital Domain Media Group, who made headlines this year when they created a hologram for the late Tupac Shakur that “performed” at the Coachella music festival this spring, […]
The nation’s oldest HBCU Morris Brown College is filing for bankruptcy protection, as officially announced Saturday (Aug. 25). As it stands, Morris Brown is in debt more than $30 million, is facing foreclosure, and is in fear of losing its accreditation as enrollment remains low. “During the past several year, the Board of Trustees and the Administration […]
Now that Gabby Douglas is an Olympic gold-medalist two times over, she can help her mother settle her financial debt. According to TMZ, Natalie Hawkins filed for Chapter 13 bankruptcy earlier in the year, stating that of her $116,707.10 in assets, she had $79,754.14 in unpaid bills.
