Your tip
RadarOnlineRadarOnline
BREAKING NEWS

Does Kylie Know? Tyga Secretly Files For Bankruptcy — Inside His Cash Crisis

Tyga's Bankruptcy Filing
Source: AKM-GSI

Feb. 8 2016, Updated 5:10 p.m. ET

Link to FacebookShare to XShare to Email

Tyga has some serious financial skeletons in his closet!

As RadarOnline.com has reported, Kylie Jenner's 26-year-old boyfriend is known to brag about his fleet of fancy cars, pricey threads and blinging jewels, but as it turns out, his lifestyle may be just a facade.

RadarOnline.com has obtained court documents that show that Tyga, whose real name is Michael Nguyen-Stevenson, filed for Chapter 13 bankruptcy back in December of 2010.

Article continues below advertisement

The landlord of Tyga's Tarzana, Calif rental home sued him for $88,469, which he was awarded when the rapper neglected to show up to court. Then, Tyga racked up over $35,000 in interest due to failure to pay promptly.

READ THE COURT DOCUMENTS

According to the documents filed in Los Angeles County, Tyga was flat broke at the time of his 2010 filing - he listed his assets at between $0 and $50,000. His liabilities, on the other hand, were listed at between $100,000 and $500,000.

MORE ON:
Beauty

The banks, however, were not buying his claims.

HSBC accused Tyga of making a bogus filing in order to get a freeze on his bills, presenting evidence that he had transferred property to other parties in an effort to hide them from the court. In February 2011, Tyga's bankruptcy case was dismissed due to his failure to make the required filings. None of his debt was wiped clean.

Dump The Chump! Kylie’s Family Urging Her To Ditch Boyfriend Tyga

According to the Jasmine Brand, who originally reported news of Tyga's bankruptcy, Tyga's debt on his rental home was paid off only recently, in 2015.

This is not the first time that Tyga's financial woes have made headlines. The rapper has previously been accused of recycling cars given to his baby mama Blac Chyna, re-gifting them to his teen girlfriend.

Amid reports of Tyga being both broke and unfaithful, the Kardashian clan has begged the littlest sister to ditch her man. Do you think she will? Share your thoughts in the comments section below.

Advertisement

DAILY. BREAKING. CELEBRITY NEWS. ALL FREE.

Opt-out of personalized ads

© Copyright 2024 RADAR ONLINE™️. A DIVISION OF MYSTIFY ENTERTAINMENT NETWORK INC. RADAR ONLINE is a registered trademark. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.