Bow Wow

NOT BALLING ANYMORE!!.. Broke Rapper Bow Wow OWES $283k For Non-Payments On His 2005 Leased Ferrari!

October 06, 2012GWL Staff


I'm pissed off right now.... Like seriously....who want's to owe $283k on a SEVEN YEAR-OLD car?? smh..

 Despite having baby momma Joie Chavis on his back for a $4k a month in child support, and to a rap career that isn't quite going anywhere. Rapper Bow Wow is really broke and in some deep sh*t, because he now owes creditors $283,785.015 on a red 2005 Ferrari he leased back in 2008. 


According to reports, the rapper turned BET's 106 & Park host leased a 2005 Ferrari F430 back in 2008, and it didn't take too long for him to fall behind payments, because in February, 2009, the leasing company sued him and got a judgment for $216,084 and 75 cents. With growing interest.

 Maybe his new hosting gig will pay it off, because that $1,500 in his bank account might be his rent.

Your thoughts?

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2 comments

  1. AnonymousSaturday, October 06, 2012

    where da baby gon sit bow seriously?

    ReplyDelete
  2. AnonymousSaturday, October 06, 2012

    The car is nice but see what happens when ur so loose with your money. He better pawn them jewelz he has on in tht frst pic and pay some of them billz

    ReplyDelete

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