In the world of entertainment, it’s important that celebrities continue acting like they living a rich lifestyle. Much of the time it’s more so at least appearing to be.
The lavish life is something that can be costly, and we see that daily with the artist.
For months we’ve been posting about how Birdman lost his mansion because of default payments.
The Cash Money CEO has finally responded back, and he trying to flex on everyone.
Initially, Birdman took out a $12 million dollar loan from a company. Afterwhile he started defaulting on his payment for the luxury mansion.
From those events, a company by the name of EMG Transfer Agent held prized possessions as a result of not receiving payment.
Those items included plaques of Nicki and Lil Wayne, along with a pool table and more Birdman has severed EMG Transfer Agent with a lawsuit stating that the company structured the loan for eventual default.
Mr. Birdman Williams paid for the house mostly in case, and later on, decided to take out a $5 Million mortgages to finance the property. His lawyer also states that the company converted the loan from a residential to a commercial one.
“Of course Brian has always been able to pay off the $12 million loan at any time, but it’s become a matter of principle,” said his lawyer Alan Soven.
As the issues continue, Birdman is still looking to sell the mansion for $15.5 Million.
What do you think?? Is Birdman acting rich?? Can Birdman really afford to pay it off?? Leave your comments below