Former Roc-A-Fella Records artist Memphis Bleek has come forward to share his reaction to buzz about him falling on hard times.
Bleek went to Twitter yesterday (July 13) and acknowledged the widespread bankruptcy reports.
According to reports this week, Bleek filed away his money woes a few months ago.
Jay-ZÔÇÖs prot├®g├® Memphis Bleek is drowning in debt and has filed for Chapter 13 bankruptcy after revealing he has just $100 in cash, BOSSIP has learned. The rapper, whose real name is Malik Cox, filed the petition on March 14th in US Federal Court in New Jersey. Bleek said he has assets in the amount of $274,190, but his liabilities total $384,804.91. (Bossip)
Back in January, Memphis talked about his music biz absence and not wanting to force out an album.
“IÔÇÖm just not passionate about an album. I donÔÇÖt think nobody buy albums. Nobody cares about albums. Music donÔÇÖt last that long no more to really drop an album anymore. An album lasts about a week now. Then the next day they on somebodyÔÇÖs new single on the Internet. Your album is forgotten about. I make records all the time. I got a whole stash of records. ThatÔÇÖs why IÔÇÖm getting back into the groove of dropping records.” (“The Breakfast Club”)
Last year, Bleek talked about Jay Z launching his Tidal music streaming service.
“IÔÇÖm not familiar with none of these streaming sites. IÔÇÖm new to all of ÔÇÿem. TIDAL, to me, is worth it. I pay my $10 subscription as well. It ain’t like I got the free account and, on my app. I have every album I didnÔÇÖt even ask for. I can listen to any album that just was released. I got over 50 new albums if they dropped today, they all on my phone right now.” (Shade 45)
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Memphis Bleek Responds To Bankruptcy Reports : SOHH