Last year, Cardi B won a $4M defamation lawsuit against blogger Tasha K. Now Media Take Out has confirmed that Tasha K has filed for bankruptcy, to avoid paying Cardi the money that she owes.
In new 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 proposes 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.
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, reviewed by Media Take Out, 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, Media Take Out reported.
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.