Da Brat Files for Bankruptcy After Falling $7 Million in Debt, Owes $6.4M to Victim

Rapper Da Brat has filed for Chapter 11 bankruptcy, revealing she is over $7 million in debt, mostly stemming a lawsuit she lost after hitting a woman in the head with a bottle.

Da Brat’s liabilities include $6.4 million owed to former cheerleader Shayla Stevens, who won a judgment against the rapper after she hit her with a bottle in a nightclub.

The rapper owes another $1,255,128 to Sony Music and $12k to Ally Bank. In the documents, she lists $2,284 in credit card debt, $2,284 owed to the Georgia Department of Revenue and an unknown amount to the IRS.

Her assets include a 1999 Mercedes 238i ($5k), a 2014 BMW 328i ($15k), and a 2016 Jeep Wrangler ($23k). Da Brat also lists furniture and household goods worth $8,000, electronics in the amount of $3k, a treadmill and elliptical for $2k, $20k in clothing (which she notes is necessary for her job), three dogs (listed as $0), two necklaces worth $15k, and various royalty agreements with an unknown value.

Her monthly income as an entertainer/radio personality is $9,319 but her expenses total $10,506.55 a month, leaving her in the hole every month by $1,187.

The rapper has made $75k so far this year, $106k in 2017 and $92k in 2016

Source: Rapper Da Brat Files for Bankruptcy, Drowning in $7.7 Million of Debt

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The Heat Reporter

I have been in the entertainment industry for many years, having worked closely with many well known artists. I am certainly no stranger to the entertainment industry and I strive to bring some of that insider knowledge to my readers. I have worked with Interscope and was heavily involved with developing Sucka Free Records. As I always says, Nothing comes to a sleeper but a dream. Make yours happen.

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