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*Allen Iverson isn’t working, but he’s making a nice living – $62,500 a month. But the former NBA star is living a lifestyle way beyond his means, spending $358,376.66 a month according to an entertainment watchdog website. TMZ reports that more than $125,000 of his money is going toward paying off several creditors, including his [...]
*Evander Holyfield has 99 problems and his kids are one. According to recent reports, the former heavyweight champion is neck deep in child support debt, amounting to more than $500,000. TMZ first reported that the legend owed $372,097.40 in back child support for his 18-year-old daughter, Emani Holyfield. But he was recently held in contempt [...]
*We all have some sort of debt. Some of us have student debt, some of us owe friends or family money and others owe credit cards money. All different types of debt and some better and some worse than others. Like EURweb on Facebook One of our partner sites, Essence.com, recently came up with a [...]
*Have you ever looked at your bank account and your credit card statements and wondered why you couldn’t pay your bills? You ever wonderrd why you spend more than you bring in and are struggling to pay bills every month? Well, there’s a lot of us that will consider skipping the rent and look at [...]
*If it wasn’t for Joe Oliver, this right here would have definitely qualified for our Morning Mess, too. (Are you a fan of EURweb? Like us on Facebook or Follow us on Twitter.) Dennis Rodman is crashing down after his years of partying and experimentation. According to his lawyer, the former NBA star and practicing [...]
*Can you believe that the very company that built the camera business into what it is today, will be closing down production on making cameras. They just could not keep up with the technology of their competitors and fell further and further into debt. Kodak has been in the camera making business for 132 years, [...]
*Last week Standard and Poor’s downgraded the United States’ credit rating to AA+. How did the country come to such a state? Because of the problem of raising the debt ceiling and the political machinations that accompanied the deal. Soon after this country was founded politicians found themselves in two camps: the Federalists and the [...]
*Let’s face it. Most people have received a call from an annoying debt collector, tricking you into paying off your debt in one fail swoop, or even intimidate you into giving up unnecessary information. Well now it’s time to take your power back and arm yourself for the next obnoxious call. According to Black Enterprise, [...]
*Wesley Snipes is struggling while in prison for taxes. The fallen movie star is currently seeking a lawyer’s help to make some money come out of thin air as he deals with a monumental lack of cash flow. “All of Wesley’s bank accounts are wiped out. His four kids have nothing to live on,” the [...]
*In Atlanta, Morris Brown College is expected to settle nearly $10 million in debt for pennies on the dollar in an agreement pending with the U.S. Education Department, according to a letter obtained by The Associated Press. In the April 7 letter, the Education Department said it will forgive more than $9.4 million in debt, [...]
*Toni Braxton has taken another step in getting her financial house in order by completing a court-ordered course on money management. The singer, currently appearing with her sisters and mom in the We TV series “Braxton Family Values,” filed for bankruptcy for a second time last year amid allegations her debts ballooned to between $10 [...]
*Dallas Cowboys wide receiver Dez Bryant has gotten caught up with a lawsuit now. According to papers filed Friday in Dallas, the football player failed to pay for $246,000 worth of jewelry by a New York-based company called A+A Diamonds LTD d/b/a Rafaello & Company. The jeweler is known for its high-end designs for celebrities. [...]
TMZ says it has obtained the first accounting that MJ executors filed … showing exactly how much money Michael owed when he passed away on June 25, 2009 … and how much the estate has made since — and the numbers are astounding. According to the documents, the estate has already made more than $310 [...]
*No matter what the latest fitness or diet gurus may say, there is only one way to lose weight: by burning more calories than you consume. Likewise no matter what the latest financial experts may say there is only one way to financial stability: take in more money than you spend. The commonality between these [...]
*Denver Broncos wide receiver Kenny McKinley was struggling with a gambling problem and was in debt when he committed suicide on Sept. 21, friends and family told authorities during a probe into his death. McKinley committed suicide with a gun he had purchased months before from teammate Jabar Gaffney, who told investigators McKinley wanted the [...]
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