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Ginuwine Prepares to File for Bankruptcy Following Divorce

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After a quiet divorce from his now ex-wife, R&B crooner Ginuwine is one step away from filing for bankruptcy, BET reported yesterday. According to his lawyer, the singer is broke and has accrued debts that he's currently unable to pay. His financial woes were revealed during a pretrial hearing against the executive producer of his 1996 album, The Bachelor. The producer is claiming that he's owed royalties from a five-album, $1.25 million deal that Ginuwine signed with Sony.