2018 ain’t starting off too good for Birdman!! It’s been reported that he owes massive amounts of debt to Lil Wayne and multiple other creditors!! Well, according to reports he was finally forced to hand over his Miami mansion which is worth about $12 Million!! A judge made the judgement due to Birdman’s default on repayment of the debt on the house. Peep the full details below!! At this point we’ll pray for Birdman and all the other Cash Money artists allegedly waiting on their money!!
TSR STAFF: Tanya P.! @tanyaxpayne _________________________________ #Roommates, a judge has ordered Birdman to give up the keys to his Miami mansion ASAP! In court documents obtained by @Blast, it seems the Cash Money founder has been ordered to “immediately surrender possession of all keys and security system access” to his Miami compound that has 7 bedrooms and 11 bathrooms. ____________________________________ Here’s the backstory, Birdman has been in a lawsuit with a company named #EMGTransfer who is alleging Birdman defaulted on a $12 million loan. The home was originally purchased for $14.5M back in 2012 and was put up as collateral for the loan, however Birdman reportedly didn’t cover the payments. ___________________________________ The judge in the case has ordered for a court appointed person to take over the premises and take control of all—read at theshaderoom.com (📸: @gettyimages/ @douglaselliman)