foreclosure

Several weeks after news broke that he was facing a possible home foreclosure in Chicago comes reports that R&B crooner R. Kelly owes an exorbitant amount of money to the government. The Detroit News reports that the 'Love Letter' creator owes $837,000 in delinquent federal taxes. Th...

Grammy award-winning artist R. Kelly is "laid up indefinitely" at Chicago's Northwestern Memorial Hospital, according to his publicist. The R&B singer had been experiencing throat pain and was rushed to emergency surgery after a throat exam. T...

Grammy award-winning artist R. Kelly is making headlines once again but this time the R&B singer of 'Trapped in the Closet' fame may actually lose his closet and all that goes with it. According to Crain's Chicago Business, Kelly faces a $2.9 m...

Earlier this year, it was reported that the IRS has created a special unit dedicated to tracking the earnings of entertainers, and Miami rapper Trick Daddy is apparently the latest artist to come under investigation. This was a tough year for the 'Shut Up' rapper, whose Miami home was foreclosed last May, and according to the Detroit News, owes the IRS over $157,000 from as far back as 2002... Re

Comedian and one-time Dipset affiliate, Katt Williams, is in serious financial trouble. The diminutive entertainer, who at one point was one of the world's highest paid stand-up comedians, was involved in several run-ins with the police this past year, and now appears to be losing his estate...

Once one of hip-hop's biggest names, troubled producer Scott Storch has reportedly lost his $7 Million mansion to foreclosure, and is currently homeless. The beatmaker behind hits like 'Lean Back,' and 'Candyshop,' and former Lil' Kim beau fell on hard times when he became addicted to cocaine, blowing over $30 million on drugs, luxury cars and private jets ...