It looks like Lil Kim may be in trouble with the law once again, but this time it’s for a very serious offense. And although she may be hip hop royalty, lately Kim’s name has been popping up in stories that have nothing to do with music. Now Kim’s being sued by a New Jersey doctor who claims she still owes him $15,000 for services he provided. He’s also claiming that Kim may be involved in an insurance scam as well.

No Money

Lil Kim has been experiencing financial struggles for a while now. Last year, in a shocking claim, Kim revealed that she was millions of dollars in debt. According to XXL Kim attempted to file for Chapter 13 bankruptcy but was unfortunately denied by the courts.

“Based upon Ms. Jones’s own schedules, she is clearly ineligible to be a Chapter 13 Debtor under 11 USC 109(e) with secured and unsecured debt each exceeding $2 million,” court documents read. “Since Ms. Jones is not eligible to be a Chapter 13 Debtor, she should not be afforded the benefit of the Court’s Loss Mitigation Program in connection with this Chapter 13 Case.”

Luckily, Kim was successful in stopping one of her creditors from foreclosing on her New Jersey mansion last August. However, the judge specifically told Kim that she can’t miss another payment or she will lose her home. Her financial woes are only getting worse with this new pending lawsuit, which is claiming Kim is in debt for an undisclosed medical procedure she still hasn’t paid for yet.

Next Page: Mo’ Problems

The post There’s A Brand New Lawsuit Against Lil Kim Claiming She Was Involved In A Serious Crime appeared first on I Love Old School Music.

Learned The Hard Way

She turned over her financial affairs to Isaacs and now is paying for it– literally and figuratively. But Mary has learned a hard lesson through it all. Even if you have a great team, you still need to know what’s going on with your bread.

Mary sat down with New York Magazine to talk about her recent successes and her hopeful perspective on life. She didn’t want to go into the details of her messy divorce, but Blige did talk a bit about the impact it has had on her finances.

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Her Divorce Is The Best And Worst Thing That Could Happen To Her Finances

In divorce documents, Mary told the court that she was in debt up to her eyeballs and owed millions of dollars to the IRS. Blige credits Isaacs for this mess, but she has taken ownership for not paying attention to the business side of her craft. At one point last year, Mary was homeless. The reality of her condition was a rude awakening. Mary is not just in the music business, she IS a business.

“I’m just being straight-up honest,” Blige told New York Magazine. “I never wanted to do all this stuff, but after what I’ve been through and all the mess that I’m in … You have to pay those taxes. It’s good to see what you have and what you don’t have — and why are we paying this person $5,000 a week?”

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The Golden Globe and now Oscar-nominated actress/singer has much to look forward to in the coming days. Her performance in “Mudbound” has garnered hella praise and most definitely validates her recent star on the Hollywood Walk of Fame.

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But it has all been overshadowed by the ongoing battle with Isaacs over her money, coupled with the challenges of earning money to pay off her debts. Mary J. had been ordered to pay Isaacs $30,000 a month, which she hopes will end when they go to court next month. Either way, Mary has turned a corner.

“This is the next chapter,” Blige said with optimism. “This is why I’m just so humbled and grateful, because I’ve been praying for this and asking for this and it’s here, outside of all this foolishness that’s happening right now.”

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