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Scott Storch -- Broke as a Joke

5/29/2009 2:10 PM PDT BY TMZ STAFF
Scott Storch -- Broke as a Joke

Scott StorchWelcome to Chapter 13 in the Scott Storch-is-broke-again saga -- today we've learned how the once-loaded music producer now has more debt than he has dollars.

Storch filed a bunch of papers in U.S. Bankruptcy Court, revealing that Scott owes $58,077.37 to 13 creditors in 7 states.

To put this in perspective, dude's net worth was reportedly $70 million in 2006.

Storch had produced music for Britney Spears, Christina Aguilera and Chris Brown. Now he has more in common with Suge Knight.

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Britney Spears, Christina Aguilera, Scott Storch, Suge Knight

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Reader Comments

(Page 1 of 2) | 1 | 2 | Most Recent | Next 15 Comments
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Parents learn to entertain your own kids.:  990 days ago

What the hell Scott, slow it down...You should know how to stack your paper the right way...all those darn beats you layed down with H-towns finest,

Oh well your bad...better luck next time.

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ML:  990 days ago

Most of that money went up his nose!!

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Shelly:  990 days ago

Maybe if he stopped spending money on stupid sunglasses he would have money to pay his bills. What a tool!

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Reimer:  990 days ago

FUgly

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M.P.:  990 days ago

How do you lose $70m?

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Ned:  990 days ago

MAJOR DOUCHEBAG!

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Countrygirl:  990 days ago

Don't forget, he produced music for Brooke Hogan too!

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gus:  990 days ago

I wish we still had debtor's prisons and this dead-beat douche could get a nice white collar azz pounding.

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vangold:  990 days ago

Any idiot who would produce a record of someone as talentless as Brooke (Hogan) Bolea deserves to be broke!

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stewie griffin:  990 days ago

who is this sausage smoker??

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Lamborghini:  990 days ago

"How do you lose $70m?"

You buy a $20+ million dollar home in Miami, lease $5+ million in cars and boats, and have one hell of a coke habit. Like someone already said, most of the money went up his nose.


Here is a picture of his house and cars

http://www.flickr.com/photos/vodcars/2160780443/in/set-72157603619463121/

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carol:  990 days ago

How is that possible? Who has he been hanging around with - maybe Bernie Madoff?

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e.:  990 days ago

Way to go dummy! How the F do you lose 60 Mil in 3 years... You obviously knew that work wasn’t coming in or something, yet you still decided to spend spend spend RETARD! Hope you end up middle class for the rest of your life!

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Angela:  990 days ago

lol, I bet Christina Aguilera is laughing now! F.U.S.S.!

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xxx:  990 days ago

this is why uneducated people don't deserve $, that goes for athletes too.

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