R. Kelly left with $13 after settling debt with former landlord
Doosuur Iwambe, Abuja
The financial situation of the embattled American singer, songwriter and record producer Robert Sylvester Kelly popularly referred to as R. Kelly is reportedly getting steadily worse, with outlets reporting that the disgraced singer has one account in the negative and another with a balance of less than $1,000.
The 52 year old Robert Kelly was charged with 10 counts of aggravated criminal sex abuse in February, and his situation has been worsening ever since.
Shortly after his first arrest, Kelly’s lawyer told the judge that the singer’s finances were a “mess” and, according to court documents obtained by The Blast, Kelly still appears to be struggling in that area.
One financial institution where Kelly has an account, Wintrust Bank, reported to Kelly’s former landlord that Kelly’s account isn’t looking good, with a balance of negative $13, according to The Blast’s report.
Kelly’s two accounts at Bank of America told a similar story; despite previously having $44,595.58 in one account and $110,056.64 in another, Kelly now has only a combined balance of $625 after his landlord seized the bulk of those funds to cover Kelly’s debt, court documents obtained by the outlet state.
Kelly’s landlord secured a judgment of around $173,000 after suing Kelly for back rent earlier this year. In an effort to collect, Kelly’s creditor, Midwest Commercial Funding, also issued a subpoena to Sony Music and had more than $200,000 in Kelly’s royalties frozen.
They’ve asked a judge to order Sony to pay the remainder of Kelly’s debt by releasing around $50,000.
The American Society of Composers, Authors and Publishers (ASCAP) was also hit with a subpoena, but the organization has claimed that they don’t owe Kelly anything.
