Trick Daddy has filed for bankruptcy, because he claims that between his two baby mamas and his extreme debt, he’s dead broke!

The Miami native filed for Chapter 11, claiming he has approximately $430k in total assets. Now while that sounds like a decent amount of money, unfortunately – he’s drowning in a debt of $645k!

He owes $34,837 to his first baby mother, $22,282 to his second BM, $290K in back taxes and $280K for his first mortgage.

Luckily, he claims he still brings in about $14,500 a month from club appearances and music publishing. He also says he lives a very simple life, allegedly only owning $550 of clothing and jewelry. You buying that?

Source: TMZ

About The Author Marisa Mendez

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