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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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16.

THe TOE    

The worst thing is, they will loan him based on WHO he WAS.

And here is people, who arent at risk to losing thier job, and in good faith, cannot even get a loan to serve the community. But they loan money to a person who is in a risky business, and no defenite future,

1939 days ago
17.

Suck My Bronze.    

Scott,
You can hang with my posse.

1938 days ago
18.

Heavy    

I saw him on mtv whips.nice car collection but a lot of waste.he turned a rolls royce phantom ihto a convertible-$400,000. what i cant figure out is,estimated worth of 70 million and your broke.you cant be that stupid to not know where your money went.then that means that you should have never had it.what you spend in one night at the club,regular people dont make in a year and live on less.maybe you should have stayed as the black eyed peas keyboardist and producer.

1919 days ago
19.

rebecca    

hes a wanker,,,brooke hogan was hes on bank load,,,thats where it all went,,,ahahhahahahahah

1852 days ago
20.

P    

The guy is a talentless doucebag with **** music.

1578 days ago
Previous 15 Comments | 1 | 2

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