'Love & Hip Hop' Star Trick Daddy Files For Bankruptcy, $0 In His Bank Account
By Ryan Naumann on October 22, 2019 at 8:45 AM EDT
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“Love & Hip Hop: Miami” star Trick Daddy has filed for bankruptcy listing over $800,000 owed to creditors.
According to court documents obtained by The Blast, the rapper filed for Chapter 13 bankruptcy on August 6. He has previously filed for bankruptcy three times in the past, all cases were dismissed before his debt was discharged.
He lists his assets as his home in Miramar, Florida worth $350,000, $1,500 in household goods, and $150 in clothes.
Trick Daddy has $0 in his checking account and stock in his Trick & Rick Music Publishing company worth $5,000.
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His debts include $435,682 owed to Fannie Mae related to his Florida home, $12,000 to his home owners association, $57,119 in back child support and $290,000 to the IRS.
Trick Daddy also lists an unknown amount in credit card debt. His total debt owed to creditors comes to $807,176.86.
His average monthly income is $10,000 and his expenses total $2,921. The rapper said he pulled in $50,000 in income for 2019. He made $75,000 in 2018 and only $7,500 in 2017.
The bankruptcy is still pending, and his debt has yet to be wiped clean.
Trick Daddy has starred on “Love & Hip Hop: Miami” since season one. His co-stars include rapper Trina, Gunplay, Veronica Vega, Amara La Negra, Shay Johnson, Bobby Lytes and Jojo Zarur.
The show was renewed for a third season by VH1. The official cast list has yet to be announced by the network.
