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Birdman Could Lose Mansion For Defaulting On $12 Million Dollar Loan

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  • Birdman Could Lose Mansion For Defaulting On $12 Million Dollar Loan

    https://www.themaven.net/api/amp/all...ion-for-defaul

    Bryan "Birdman" Williams is battling some serious financial troubles according to reports.



    Financial issues continue to plague Bryan "Birdman" Williams, the co-CEO of Cash Money Records.

    According to a lawsuit filed against the hip-hop mogul, Birdman is in danger of losing his $14 million dollar Miami mansion, because he is defaulting on a huge loan. According to reports, Birdman borrowed $12 million dollars from a company called EMG Transfer Agent in 2015 and put up his lavish Miami estate as collateral.

    Unfortunately, Birdman is falling behind on his payments, and has defaulted on the loan.

    The same year, Birdman's brother and Cash Money co-CEO Slim, purchased the biggest house in South Florida from the founder of Mattress Giant, for $7.5 million dollars in cash.

    Unfortunately for Birdman, his house is still on the market with a $16.9 million dollar asking price as he fights off his creditors.



    This put a smile on my face




    #FREEVELVET

  • #2
    No way he can afford to pay Wayne then

    Comment


    • #3
      Originally posted by Waynasite View Post
      No way he can afford to pay Wayne then

      He can if he sells a ton of his assets eg. His billions of cars, clothes, houses etc




      #FREEVELVET

      Comment


      • #4
        Slim ballin

        Comment


        • #5
          We know he doesn't like paying people what they're owed. Doesn't mean he hasn't got the money.

          Comment


          • #6
            Birdman, we do this coz we stunnas
            Originally posted by Shake
            Why so negative all the time???

            Comment


            • #7
              Originally posted by CiroC View Post
              Slim ballin

              Comment


              • #8
                Is that a legit source???

                Comment


                • #9
                  Lol let Slim hold the money while I handle thos lawsuit, nigga what money ?

                  Comment


                  • #10
                    Originally posted by Shake View Post
                    Is that a legit source???

                    Not sure man i thought it seemed a bit dodgy but it seems awfully specific




                    #FREEVELVET

                    Comment


                    • #11
                      ross trollin birdman for this aha

                      Comment


                      • #12
                        Honestly just wish they’d make up at this point.. they’re both legends.. yes Birdman even tho he isn’t the best rapper ever and couldn’t rap to save his life against Wayne, if your an old cash money fan ya got love for Baby too, their collab album is my favorite collab album ever. I just can’t picture Wayne anywhere but cash money, I was mad in the beginning about Birdman doin this, but these two have been close forever and it’s only right they make up.. I mean cmon I can’t picture Birdman not being on Wayne’s last album Carter 5, they have too much history together forget about the other artists birdmans screwed over.. its fuckin Birdman and J.R.

                        Comment

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