Tasha K still owes Cardi B from the $4 million lawsuit and filed for bankruptcy with only $95 in her bank account.
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Despite accusations that Tasha is a deadbeat defendant in Cardi’s ‘defamation case, she’s still not off the hook. The Neighborhood Talk originally reported that Tasha K, whose real name is Latasha Kebe, filed for Chapter 11 bankruptcy on May 25. Unlike other forms of debt relief, Chapter 11 won’t wipe her slate clean with the “Clout” rapper.
Under Chapter 11, a debtor can keep their assets so their business can stay afloat while sticking to a court-approved payment plan for the debt. Cardi’s legal team would have to agree to the compromise for repayment.
Tasha K’s Chapter 11 Bankruptcy Filing Reveals She Only Has $95 In Her Bank Account.
A requirement to file for Chapter 11 is listing every penny of income, assets, and outstanding liabilities. According to Radar Online, the vlogger has $50K – $100K in assets, including her car, furniture, jewelry, and clothes.