Bow Wow Owes Over $284K For Leased Ferrari

[YouMadd?]

rappers get sued over non payment of things all the time.

being financially irresponsible≠ not having the money to pay bills.

he's already been sued, and the courts ruled in their favor.. he hasn't paid the judgement in 3 years. did you read?

but then again, you probably think filing for bankruptcy= broke

So you're basically saying Bow Wow can afford to keep the car, he just didn't want to pay for it anymore and wanted it to get repo'd? okay....

Not just rappers get sued for nonpayment, EVERYONE will get sued for nonpayment of things... Lets be honest, If you have the money and can afford to get rid of a debt, you'll do it, Or you can wait 7 years and use cosigners whenever you want to make a new purchase... Or an even easier method, If you can afford to pay bills on time, YOU MAKE PAYMENTS ON TIME...

No matter how you spin it, Bow Wow obviously has bad money management skills and spent above his means aka couldn't afford the car... Having bad money management may not mean he is broke, but it means he will eventually be broke...

I never even said the man was broke, I just said he doesn't have as much money as he thought he would when he signed the lease for the automoble. His cash flow lightened up, or else he would be paying bills on time right?


"I probably think filing for bankruptcy=broke"?

You nikkas just make up the strangest thoughts and opinions and attached it to someone else for no reason

 

[jadillac]

i thought u dudes said it was wiser to lease cars

I read that ppl like Tyrese and Kim K lease vehicles.

Hell why not? These ppl are traveling most of the time or have ppl driving them around. Why outright buy a car when you can lease it for cheaper then get another in a year or two to maintain ur "status" appearance.

 

[Evildead]

Soulja Boy replies to Bow Wow's RENTED Lambo lmfao - YouTube

That Soulja Boy vs. Bow Wow was a classic..but on the real SB seriously derailed Bow Wows career after it was all said and done..

Somebody up that FLAGRANT Bow Wow diss that led the white flag

Once the acting roles stop coming as fast and the music biz doesnt accept you like they did in the past, these are the headlines you start to see if said rapper overflossed along the way..better than hearing about unpaid taxes

Evil

 

[MegaTronBomb!]

So you're basically saying Bow Wow can afford to keep the car, he just didn't want to pay for it anymore and wanted it to get repo'd? okay....

Not just rappers get sued for nonpayment, EVERYONE will get sued for nonpayment of things... Lets be honest, If you have the money and can afford to get rid of a debt, you'll do it, Or you can wait 7 years and use cosigners whenever you want to make a new purchase... Or an even easier method, If you can afford to pay bills on time, YOU MAKE PAYMENTS ON TIME...

No matter how you spin it, Bow Wow obviously has bad money management skills and spent above his means aka couldn't afford the car... Having bad money management may not mean he is broke, but it means he will eventually be broke...

I never even said the man was broke, I just said he doesn't have as much money as he thought he would when he signed the lease for the automoble. His cash flow lightened up, or else he would be paying bills on time right?


"I probably think filing for bankruptcy=broke"?

You nikkas just make up the strangest thoughts and opinions and attached it to someone else for no reason

you clearly don't understand the concept of nikkas just simply not giving a fukk.

just cause a person CAN afford to pay bills on time...does that mean they do?

Birdman owes 8 Million on the Maybach Excelero.... he clearly has money.. does that mean he can't afford to pay?

being financially irresponsible≠ being broke.

besides, the nikka is going thru child support hearings... why in the world would he drop 280k to clear that up when he's already reported that he only makes 48k a year at Cash Money?

 

[YouMadd?]

you clearly don't understand the concept of nikkas just simply not giving a fukk.

just cause a person CAN afford to pay bills on time...does that mean they do?

Birdman owes 8 Million on the Maybach Excelero.... he clearly has money.. does that mean he can't afford to pay?

being financially irresponsible≠ being broke.

besides, the nikka is going thru child support hearings... why in the world would he drop 280k to clear that up when he's already reported that he only makes 48k a year at Cash Money?

So he signed the lease for a car because he didn't give a fukk about making payments on it... okay got it

Like I said in my initial post that you quoted... Dude spent far beyond his means and obviously didn't have the cash flow to maintain payments, which led to the "don't give a fukk" attitude as you said..

You keep putting words in my mouth... I never said he was broke.... read the first post of mine that you quoted...

He is spent beyond his means, it happens sometimes, end of story..

"But I want to make your you understand, THAT SHAD IS NOT BROKE"

Is that gonna be your response

 

[Non Sequitur]

he only makes 48k a year at Cash Money

That's pretty good for not doing shyt at all.

 

[Worl Boss 1Don]

 

[MegaTronBomb!]

So he signed the lease for a car because he didn't give a fukk about making payments on it... okay got it

Like I said in my initial post that you quoted... Dude spent far beyond his means and obviously didn't have the cash flow to maintain payments, which led to the "don't give a fukk" attitude as you said..

You keep putting words in my mouth... I never said he was broke.... read the first post of mine that you quoted...

He is spent beyond his means, it happens sometimes, end of story..

"But I want to make your you understand, THAT SHAD IS NOT BROKE"

Is that gonna be your response

breh, never once did i say that the nikka wasn't broke... all i said is that owing money≠ you don't have the money to pay.

you're the one saying " well if he had the money to pay it, he would have paid it..and because he didn't he aint got the money gurrrrrrrl"

 

[PewPew]

I love when the 30K Millionaires of the Coli come in to debate another nikkas finances

 

[intilectual recipricol]

nicca shoulda bought a Camry...

 

[Beegio]

"shoulda never gave you nikkas money"

lol bowwow takin Ls left n right

What's this preposterous name you submitted to represent yourself? Sees German name Qwertmeister, and nikka. I don't like it, so I shall neg thee and change that one green you have into red...voila!!!

 

[eastside313]

Meanwhile dupri and r.o.c. collecting them publishing checks since they wrote all his rhymes.

 

[pimpineasy]

How's about investing in some no load stock funds. U can invest in some low fee vanguard funds. 2 or 3 Millie. Then put 500k in the stock market. How about apple stock instead of the phone. Be an owner instead of a consumer. July 2011 Apple was below 400 a share. Now it's almost 700. How about google. Recently hit stock high Amazon? What's that u like luxury. Cool buy u some coach some love stock . A fool and his money mayne. Too much emphasis on conspicuous consumption. At no time is that smart. U a drug dealer it brings too much heat. U a business man it means u can't recognize higher return in ur investments. C'mon man I know I'm not the only one who opened a book or two

 

[MR. SNIFLES]

@ people saying he "Just doesn't want to pay"

THEY ARE SUING HIM , He's gonna have to pay one way or another...

Its pretty obvious dude is spending above his means... Or his cash flow has lightened up a little bit...

SUING HIM MEANS NOTHING. COMPANIES DO THIS EVERYDAY. PEOPLE JUST WAIT IT OUT. THE JUDGEMENT JUST MEANS THEY CAN CHASE HIM DOWN FOR THE MONEY. IT AIN'T LIKE HE'S GOING TO JAIL. THEY'LL JUST PUT THE JUDGEMENT ON HIS CREDIT REPORT AND A COLLECTION AGENCY WILL COME LOOKING FOR HIM.

 

[concise]

1500 in the bank?