All tag results for 'failure to pay'

Poor Nas!

The rapper, who is already facing serious tax debt, just had his 3,500 square foot, 2-bedroom, 3-bathroom home in Georgia foreclosed upon after he defaulted on his loan payments to SunTrust bank!

According to records, the house - which has a walk-in pool, hot tub, theater, gym, game room, and granite counter-tops - was originally purchased in 2004 for $585,000, but Nas only could pay off $78,000 before realizing he couldn't foot the rest of the bill!

As a result, the home went to the highest bidder at a public auction last month who only had to pay $348,500!

Ouch! That HAD to have hurt!

Sometimes you just have to learn the hard way that Uncle Sam always wins!

[Image via WENN.]

Tags: failure to pay, foreclosure, home, loan payments, nas, property, public auction, sold, suntrust bank

Uh oh!

Somebody’s in some deep shiz with the IRS…!

Reportedly, rapper/singer extraordinaire Lauryn Hill has been added to the laundry list of stars who failed to file their income taxes!

Over the three years — 2005, 2006 and 2007 — that Lauryn didn’t file, she earned $1.6 million, coming mainly from royalties from music and film!!

Lauryn’s now scheduled to appear in court at the end of the month in Newark, on June 29.

If the court chooses to convict her of the charges, she could be

Tags: charges, court, failure to pay, file taxes, fines, government, income, lauryn hill, prison, taxes