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Scott Storch -- Broke as a Joke

5/29/2009 2:10 PM PDT BY TMZ STAFF

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.

20 COMMENTS

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1.

Parents learn to entertain your own kids.    

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.

1971 days ago
2.

ML    

Most of that money went up his nose!!

1971 days ago
3.

Shelly    

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

1971 days ago
4.

Reimer    

FUgly

1971 days ago
5.

M.P.    

How do you lose $70m?

1971 days ago
6.

Ned    

MAJOR DOUCHEBAG!

1971 days ago
7.

Countrygirl    

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

1971 days ago
8.

gus    

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

1971 days ago
9.

vangold    

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

1971 days ago
10.

stewie griffin    

who is this sausage smoker??

1971 days ago
11.

Lamborghini    

"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/

1971 days ago
12.

carol    

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

1971 days ago
13.

e.    

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!

1971 days ago
14.

Angela    

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

1971 days ago
15.

xxx    

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

1971 days ago
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