According to TMZ.com, yes.  On Oct. 14th Kenny Kixx reported that Terrence Howard’s ex-wife excuses him of lying in their divorce case.  TMZ reports that Terrence has substantial debt including owing the IRS $1.2 million and $156,000 to the State of California.  In new court documents he says….the nerve. Read the full story online at […]

The time after Barkhad Abdi filmed his role in the Oscar nominated film “Captain Phillips” was an arduous one. The Oscar nominee was struggling to…

*When DMX got busted last week in South Carolina for driving without a license, dash-cam video showed – and he confirmed when asked by the…

Toni Braxton has finally wiped the slate clean on her bankruptcy case. TMZ reported that the singer filed for bankruptcy for the second time back in 2010, with debts stacked as high as $50,000,000. It “only” cost her $150,000 to settle the case. The bankruptcy documents stated that Braxton made a deal with the trustee to buy […]

Chad Johnson is really learing the meaning of being humble.  Not only was a warrant issued for his arrest earlier this month, but now his finances are sinking faster than his career according to TMZ.com. TMZ.com claims that Chad filed court docs with one if his baby momas asking to lower his monthly child support […]

  Dame Dash was known for his extravagant spending, business acumen and being a ‘cake-aholic’ during his fabled run with Roc-A-Fella records, but it’s being reported that he’s fallen on extremely hard times. The Hip-Hop mogul and founder of Roc-A-Fella Records is in dire financial straights under a heaping amount of personal debt. Long rumored […]

Former NFL receiver Terrell Owens has had a tumultuous past 12 months. Owens lost a one-on-one basketball game to the world’s smallest streetballer, he was cut by both an NFL and Indoor Football League team, he was confronted by three of his baby mamas on the Dr. Phil show and was held in contempt for unpaid child support bills that date back to […]

Former “Real Housewives of Atlanta” star Sheree Whitfield was sued by the very legal team who handled her divorce from her ex-husband and former NFL offensive tackle Bob Whitfield. The legal eagles of Weinstock & Scavo wanted to get paid for the services they rendered to Sheree so they sued her in 2010. The reality star has only given the law firm a […]

Eddie Murphy’s ex-wife Nicole is broke!! Rumor has it she blew the $15 million settlement from her divorce with Eddie in 2006, and she didn’t just spend all of her money; she owes the IRS $846,000 and was forced to put her home up for sale. When Nicole divorced Eddie Murphy, she opted for the […]

Indy

Rap Superstar Method Man was the latest victim of the IRS. On October 9th he was arrested for tax evasion and was ordered to pay $106,000! He was sentenced to a conditional discharge, which means the arrest will be purged from his record if he stays out of trouble. Method Man acted quickly though. He […]