Skip to main content

Lil Kim Officially Sails Out of Bankruptcy as New Show ‘Girls Cruise’ Debuts on VH1

Submitted by ckanon@abi.org on
“Girls Cruise” star Lil Kim has navigated her way out of bankruptcy, New York Daily News reported. The rapper — now appearing in her own VH1 reality show chronicling her life aboard a yacht in the Caribbean — officially closed the books on her chapter 11 filing this week. Bankruptcy Judge Vincent Papalia signed the order Tuesday at the platinum-selling artist’s request and said any outstanding fees are due by next week. Lil Kim originally filed a voluntary chapter 13 petition on May 8, 2018, to stop an impending sheriff sale of her gated mansion on Timberline Drive in Alpine, N.J. When she was unable to restructure her mortgage, she converted to a chapter 11 last August. “This case was filed to stay a foreclosure action with the purpose to allow me time to obtain a loan modification,” the rapper said in a filing last month. “Thankfully, through the efforts of counsel and my continued adequate protection payments pursuant to the order of this court, I am now in a loan modification trial period.” When Lil Kim first filed last year, the Grammy winner and former girlfriend of Notorious B.I.G. listed her assets as a 2000 Mercedes worth $4,200, a 2005 Bentley worth $52,600, jewelry worth $25,000 and cash totaling $2,500. Since then she has righted her ship, and now she’s listed as an executive producer of “Girls Cruise,” which debuted last week. The new reality show pairs the rapper with fellow superstar singer Mya and TLC group member Chilli for hijinks on the high seas.