R. Kelly’s Bank Account Has Reportedly Hit Negative
This is not a photo of R. Kelly illustrating on two fingers the number of dollars he has left to his name, because he can only dream of holding that much wealth in his back pocket. R. Kelly’s financial situation is as broke as his morals and he’s reportedly got a balance of negative $13 in his bank account. Yep, lucky negative thirteen. It’s a beautiful poetic justice when vengeance is served fast and right where it hurts the most. In this case not the balls but the bank account. I think we’d all have settled for balls, but bank account will do if a swifty to the nuts isn’t possible.
The Blast got their hands on some court documents showing creditors going predatory on Kelly for a change. In this case the creditor is Kelly’s landlord, to whom he owed a shit ton of back rent. Winthrop Bank, which holds one of his accounts, told the landlord that he holds a balance of negative $13. But wait! You didn’t think R. Kelly just had one seedy little bank account, did you? Until some secret Cayman Islands bank account situation emerges (it won’t), he is like us normals and also has Bank of America accounts, which his landlord was quick to drain.
Kelly did have two other accounts with Bank of America — holding $44,595.58 and $110,056.64, for a grand total of $154,527.22 — but everything but $625 was seized by his former landlord to settle a massive debt owed.
ASCAP — the American Society of Composers, Authors and Publishers, which collects money for artists — claims Kelly is not owed any money by them.
The docs were filed as part of the legal battle involving Kelly and his former Chicago landlord. The landlord sued accusing him of owing back rent.
The landlord scored a $173k judgment and had been trying to collect on the debt. They fired off subpoenas to Sony Music, ASCAP and multiple banks where Kelly held accounts.
They collected the $154, 527.22 from Bank of America and are asking the judge to release another $50k from Sony to settle the entire debt.
It’s telling that ASCAP doesn’t have any money coming for R. Kelly, because that pretty much means that vendors are pulling a Michael Jackson on BBC Radio and muting R.’s songs from broadcast if those residual checks aren’t rolling in.
Where did R. Kelly’s knights in shining armor One and Two disappear to, because at this point he’s been depending on the kindness of
fucking idiots strangers to bail him out of jail and dig him out of his child support hole. Until a third idiot benefactor shows up, looks like he’s going to have to get up and excuse himself for the bathroom when the waiter brings his check to the table. Of course the table will be a take out window, because he can’t afford dining in a restaurant with real tables anymore. This analogy is a mess, but you catch my drift.