logo

R. Kelly Reportedly Left with Negative $13 in His Bank Account after Massive Debt

Mary Scott
Apr 16, 2019
07:00 P.M.

R.Kelly’s financial woes have come to light again as new reports claim that he has negative $13 in his bank account while still owing massive debts.

Advertisement

Last month, Kelly, who is facing criminal sexual abuse charges, was arrested for failure to pay over $160,000 in child support, and now it seems the embattled singer’s financial troubles are even worse.

Advertisement

The Blast recently obtained court documents showing that Wintrust Bank, where Kelly has an account, informed one of the singer’s creditors that he has a balance of negative $13 with them.

"When you see me in the club, with a couple of drinks in my hand, and chilling, please, take it easy” ~ R. Kelly

The creditor is Kelly’s former landlord, Midwest Commercial, who he owes back rent for his Chicago home. The landlord had sued Kelly for unpaid rent, and both parties reportedly reached an agreement where the singer was to pay $173,000.

Advertisement

According to The Blast, the landlord subpoenaed Sony Music, ASCAP and multiple banks where Kelly, 52, held accounts in an attempt to collect on the debt.

From the Bank of America where Kelly has two accounts, the creditor seized $154,527.22, leaving only $625 in total. ASCAP – the American Society of Composers, Authors, and Publishers, which collects money for artists –claimed they do not owe Kelly any money.

Now, the former landlord is said to have approached the judge in the case to release the rest of what Kelly owes them from Sony Music.

Advertisement

The “Happy People” singer was embroiled in a similar legal battle last year, reports Madamenoire. He was sued by an Atlanta-based property company, SB Property Management Global, for the damages recorded at two of his homes.

The damages were reportedly recorded in the electric wiring, flooring, and windows while a stove, ceiling fan, and light fixtures were missing.

Advertisement

Kelly’s financial state first became a topic of discussion in February after he was unable to post $100,000 bond for his criminal sexual abuse charges.

At the time, the singer’s lawyer, Steven Greenberg, revealed that his client "really doesn't have any money at this point" due to "mismanagement," "hangers-on," and "bad deals."

Kelly was eventually bailed out of jail by a fan, and the story was the same when he was arrested in March for defaulting on child support payments; a mystery person made the payments on his behalf.

Advertisement

Over a week ago, Kelly referred to his financial situation in an Instagram video when he begged the media to “take it easy” on him ahead of a club appearance in Springfield, Illinois.

“This is how I got to get paid now for right now, so I gotta go do this event, and it's a party,” Kelly said in the video. “So when you see me in the club, with a couple of drinks in my hand, and chilling, please, take it easy.”

Advertisement
info
Please fill in your e-mail so we can share with you our top stories!
By subscribing, you agree to our Privacy Policy
Advertisement
Related posts

My Teen Daughter Chose Her Cheating Dad over Me & Cut All Contact, Asks Me for Money Years Later

February 02, 2024

My Teen Daughter Chose Her Cheating Dad over Me & Cut All Contact, Asks Me for Money Years Later

November 13, 2023

My Wealthy Uncle Didn’t Leave His Wife & Kids a Dime — No One Knew about Inheritance He Left for Me

December 01, 2023

My Partner Learned I Rent Out the House My Dad Gifted Me & Demands 50 Percent of the Money

February 28, 2024

My Husband & In-Laws Expected Me to Pay for Everyone’s NYE Dinner out of Money I Inherited from My Mom

November 13, 2023

My Fiancé Makes Me Pay For His Friend Every Time We Go Out – This Time I Taught Him a Lesson

February 15, 2024

Nephew Started Kitchen Fire at My Vacation Home & My Brother Refused to Pay For It - I Decided to Set a New Rule

February 21, 2024

My Husband Insisted I Pay For Him and His Entire Family at a Restaurant Although It Was His Celebration

February 27, 2024

My Fiancé Told Me to Pay For His and His Friends' Meal - I Snuck from the Restaurant to Teach Him a Lesson

November 08, 2023

Robert Joseph Gilliam Was Lisa Robin Kelly's 19 Year Older Husband - Facts about Him

November 08, 2023

4 Real-Life Stories about Dads Who Refused to Pay for Their Kids' Weddings

February 15, 2024

My Husband’s Best Friend Publicly Mocks Me & Disinvites Me from Trip – My Husband’s Reaction Floors Me

February 16, 2024

I Inherited 125K from My Deceased Grandpa but My Mom Took All the Money Away from Me

November 13, 2023

Neighbors Who Regularly Insult and Threaten My Grandparents Lose Their Home after Grandma Had Enough

December 30, 2023