Tasha K Files For Bankruptcy, Has Just $95 In Her Bank Account

Tasha K Files For Bankruptcy To Avoid Paying Cardi B

Last year, Cardi B won a $4M defamation lawsuit against blogger Tasha K. According to new reports reaching us at Dreddsworld, Tasha K has filed for bankruptcy, to avoid paying Cardi the money that she owes.

In news documents leaked online, Latasha – better known as Tasha K filed to declare Chapter 11 bankruptcy on May 25, 2023.

According to IUD law, when a person files for Chapter 11 bankruptcy, their lawyers propose a plan of reorganization to keep their business alive and pay creditors over time. The plans are designed to keep the business operational during and following the bankruptcy process.

Tasha K Files For Bankruptcy, Has Just $95 In Her Bank Account pic.twitter.com/ykpZlRxlyT

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And typically, in such matters the person who is owed money gets only a small fraction of what is owed.

As part of Tasha K’s filing, she listed all her assets. According to the documents, Tasha currently has just $95 in her Chase bank account. And a sum total of all her personal property – which includes purses, cars, clothes, engagement ring, business related properties etc., is just $58,595.56.

So Cardi’s going to have a hard time getting anything from Tasha. The blogger was ordered to pay Cardi nearly $4M in damages after she accused the rapper of having herpes amongst other shocking allegations.

This bankruptcy filing is just the first step in a long process of regaining her financial freedom. It has been reported that Cardi has begun collecting payments from Tasha.