DOUG E FRESH BROKE ASS HELL

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Supa SAV'D OUTT

Supa SAV'D OUTT

Sicc OG
#1
Aug 6, 2006
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The Human Beat Box is taking a financial beating.

Rap icon Doug E. Fresh - best known for his '80s hit "The Show" - has been socked with three foreclosure actions by banks looking to collect more than $3.5 million in unpaid mortgages on a trio of his Harlem homes.

The rapper, 46, also is being chased by American Express for nearly $60,000 in credit-card debt, and the IRS just slapped him with a $367,000 tax lien on top of more than $40,000 owed to the state tax collector, records show.

The golden-voiced rapper, whose real name is Douglas Davis, grew up in Harlem. After his skill at vocally imitating drumbeats and percussion sounds made him famous in the 1980s, he stayed in the neighborhood, investing in local real estate and raising five sons.

He fell behind in payments and, according to a foreclosure suit filed in Manhattan in late August, 2008, he now owes more than $1.73 million.

Davis is putting the finishing touches on Doug E's Chicken and Waffles, a new Harlem restaurant slated to open next month.

He declined to comment on his woes.
 
8FIVE8

8FIVE8

Sicc OG
#5
Apr 20, 2005
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#5
remember, when u file bankruptcy, they cant touch ur retirement account. i'm sure he has one. It doesnt have to be in his name.
 
Thugged_Out08

Thugged_Out08

Sicc OG
#10
Mar 20, 2008
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#10
Gucci is gettin bread but i'm pretty sure he's no where near what some rappers are but it's known that rappers do profit that much from album sales they just get that money from them tours or ringtone sales but now in days they getting shorted & Gucci ain't doin big numbers on the charts but people fuck with him but my thing is Doug E Fresh should of had some money or had invested some of his money into realistate or something to where he made money
 
Cante-up

Cante-up

Sicc OG
#12
Feb 27, 2005
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#12
Thugged_Out08 said:
Gucci is gettin bread but i'm pretty sure he's no where near what some rappers are but it's known that rappers do profit that much from album sales they just get that money from them tours or ringtone sales but now in days they getting shorted & Gucci ain't doin big numbers on the charts but people fuck with him but my thing is Doug E Fresh should of had some money or had invested some of his money into realistate or something to where he made money
Click to expand...
new word?
 
D

Darkshowdown

Sicc OG
#14
Feb 8, 2003
22,839
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#14
Thugged_Out08 said:
Gucci is gettin bread but i'm pretty sure he's no where near what some rappers are but it's known that rappers do profit that much from album sales they just get that money from them tours or ringtone sales but now in days they getting shorted & Gucci ain't doin big numbers on the charts but people fuck with him but my thing is Doug E Fresh should of had some money or had invested some of his money into realistate or something to where he made money
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Doug E got a platinum album. Gucci hasnt reached that achievement yet.
 
S

SCrappy_Do

Member
#18
Feb 23, 2006
50
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#18
sounds like Doug E Fresh,needs to hit'n that nigga lil will in dallas.that got that bullshit on the radio my doug E,and ask to hold sumething,being that he is the reason why thats nigga eat'n right now.
 
short

short

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#20
Feb 2, 2006
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#20
8FIVE8 said:
remember, when u file bankruptcy, they cant touch ur retirement account. i'm sure he has one. It doesnt have to be in his name.
Click to expand...


ur credit gets fucked up if u file bankruptcy
dunno about retirement shit like 401k and shit like that
 
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