Chile, tis the season to go broke. It seems like as the American working class are rebounding from the the recession, the celebs are just starting to experience economic hard times. Every time you turn around, a new celebrity is in the news suffering financial woes. First Tony Braxton’s home getting foreclosed on, now Mary J. Blige has defaulted on a 2.2 million bank loan. The real gag is, this is not the first of legal/financial woes for Mary this year. Catch these T’s
According to court documents filed in New York State Supreme Court in Manhattan, Signature Bank is seeking to recoup the original loan plus $58,000 in interest. Earlier this year Blige and her non profit organization were accused of mishandling funds and cheating scholarship students. The Non profit organization was put on blast for not having a head quarters and not even having a phone number.
What’s in the new chick wrap you ask? For Mary J. Blige’s sake, she better hope a check.
This does not look good at all for the My Life singer who has triumphed some of life’s hardest challenges to go on to sell over 50 million albums worldwide. Hopefully Mary J. Blige can get all this together rather quickly. I’m pretty sure there is a logical explanation for all of this. Mary J. Blige has been out for too long, to decide to go broke at 41 years old. Making light of the situation, I must say this definitely brings a new meaning to “I’m going down”.