Osundairo brothers
EXCLUSIVE

Nigerian Brothers in Jussie Smollett Case Both Filed for Bankruptcy After Mounting Debt

Both Abel and Ola Osundairo apparently share all life experiences together, because along with co-owning a party store and sharing a dual arrest over the alleged attack on Jussie Smollett, they both went through bankruptcy together.

According to documents obtained by The Blast, Olabinjo “Ola” Osundairo and Abimbola “Abel” Osundairo filed each filed for bankruptcy in Chicago back in September 2016.

As for what they owed, each brother listed thousands of dollars owed in student loans, as well as other liabilities, and both claimed to earn minimal income.

Abel claimed he had $72,771 in liabilities, including $39,000 in student loans. The bodybuilder stated he only made $142 per month from “odd jobs,” which left him over $300 in the hole each month.

Ola claimed his debt had soared to $161,481, including $85,000 in student loans. Ola, who is an aspiring rapper and appeared on “Empire,” listed his income at $160 per month.

Both brothers listed a party and decoration store, It’s Party Time, as a shared asset, but claimed the business was operating at a loss. The party store, located on Archer Ave in Chicago, is now reportedly closed.

Abel and Ola were able to work through their bankruptcy, and both brothers were discharged a couple months after filing.

As we reported, both Ola and Abel have been arrested in connection with the alleged attack on Jussie Smollett, but have not yet been charged with a crime. The brother’s attorney has denied their involvement in the attack, but during a search of their apartment, cops found bleach that they believe may have been used during the attack with Smollett.