Da Brat Files For Bankruptcy Over 7.7 Million Debt
publish date: 2018-08-22
Veteran So So Def rapper Da Brat has reportedly filed for bankruptcy after finding herself a staggering $7.7 million in debt.
News of the bankruptcy and millions owed comes from court documents recently obtained by The Blast.
The bulk of Da Brat's debt stems from the $6.4 million she owes to former NFL cheerleader Shayla Stevens, the woman the 44-year-old MC struck with a bottle in an Atlanta nightclub back in 2007.
As a result of the assault, which resulted in permanent facial scarring and neurological impairment for Stevens, Da Brat spent three years in prison after pleading guilty to aggravated assault.
Other debts include $1,255,128 owed to Sony Music, $12,000 to Ally Bank, $2,284 in credit card debt, and $2,284 owed to the Georgia Department of Revenue. There's also an unknown amount owed to the IRS.
Da Brat's assets, which include three vehicles (a 1999 Mercedes 238i worth $5,000, a 2014 BMW 328i worth $15,000, and a 2016 Jeep Wrangler worth $23,000), various electronics and other items totaling $108,700.
The Illinois-born lyricist currently serves as co-host on Dish Nation, a nightly television program featuring various radio personalities. Her last studio album, Limelite, Luv & Niteclubz was released in 2003. In 1994, she became the first female rapper to go Platinum with the release of her debut album, Funkadfied.