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Bow Wow

Wow ... Maybe he Really is

BROKE

10/6/2012 5:00 AM PDT BY TMZ STAFF
EXCLUSIVE

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Gotta say ... we were scoffing at Bow Wow this week when he told a child custody judge he was only pulling in $4,000 a month ... and then announced just hours later he was becoming the host of 106 & Park ... but we just found some documents that show creditors have been chasing him for 3 years over a car.

B.W. leased a 2005 Ferrari F430 back in 2008.  It didn't take long for the rapper to fall behind, because in February, 2009, the leasing company sued him and got a judgment for $216,084 ... oh, and 75 cents.

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Since getting the judgment, the leasing company has been on the hunt for payment, using a collection agent to track down Bow Wow. 

Mr. Wow never paid, and now with interest the judgment has swelled to $283,785 ... oh, and 13 cents.

Bow Wow told the custody judge he only had $1,500 in his bank account and leases a jeep.  Wow, maybe Bow was telling the truth.

73 COMMENTS

No Avatar
31.

Brenda    

wow its a case of mismanaged funds hmm who woulda thunk it??

684 days ago
32.

surfcowboy83    

THATS WHAT HAPPENS WHEN YOUR MUSIC SUCKS SON. RAPPERS , ALL OF THEM MAKE NOISE, THATS IT. BUY GOLD CHAINS AND USELESS BLING, TALK A GANG OF SHI^, LEARN ENGLISH YOU MORONS AND STOP MAKING RAP SONGS ABOUT THE SAME SUBJECT..RIMS, CHICKS, MONEY, BLING. I HATE MORONIC RAPPERS.

684 days ago
33.

Kerry     

Who ever think bow wow is broke is an idiot, he is obviously presenting his finances as if he was broke so he does not have to pay so much in child support, same thing with rick ross and pretty much all rappers and music producers who ever had baby mama issues. athletes can't hide because there contracts are basically public knowledge. And where you guys get the info about the lease on the Ferrari ? if he got sued there should be legal do***ents, stop making **** up, in that case why didn't you guys say he was broke in 2009 ? the kid is hiding his money everyone does it.

684 days ago
34.

Rich     

Another POS!!!

684 days ago
35.

joecrabs    

Leasing a Ferrari? Now that is gangsta!!!

684 days ago
36.

@CaliEsco    

It is official. You cant go anywhere online without random racism.

Why do people even bother being social online?

684 days ago
37.

Sirena    

His net worth is 42 million, im confused -__-

684 days ago
38.

Curtis    

That's my point stupid, it is not just black people who are having legal problems and squandering their fortunes.

684 days ago
39.

Debbie    

He still makes money on small roles on tv. He just needs to stop spending him money on stupid crap. I bet u take a look at his house you'll see exspensive clothes, shoes, jewelry, tvs, game systems, and all kinds of toys. He's gotta grow up and realize he's gotta kid and he's not the kid anymore.

684 days ago
40.

lookoutworld    

to the blackmen on here sayingthe whiteman owes you something no the white man dont owe your azzes a damn thing. if reperations were to be paid you would be too busy spending it on his white women and the white man would have it right back. you talk so much garbage about the white man but love his women so damn much. why do you even care what the whiteman tells white women about you alot of you are evil. you dont even respect your own blackwomen who stood by your side when you were being called boy at 50yrs old by the white man and white women you claim to hate. the white man did not tell this ignorant rapper jerk to piss thorugh millions of dollars. if you hate the white man so much stay out of the white woman's bed. with the amount of money this idiot bow wow had enough money to by a damn time machine and end slavery. and to the white men saying that black people got their money back from welfare thats not true at all because not every black person is on welfare and slavery only ended 159 yrs ago not 400yrs ago bt it did start over 500 yrs ago and the first do***ented african slave was in the year 1640 so yes black people were enslaved and kept down for hundreds of years, and the civil rights act was passed only 57yrs ago so get it right. but BLACKMAN THE WHITE MAN OWES YOU NOTHING AND YOU DONT DESERVE IT ESPECIALLY SINCE SO MANY OF YOU LOVE HIS WOMEN .

683 days ago
41.

ohwell    

he is money hidden he aint stupid he took all that money out his bank and left it with a little bit that man gets checks please dont be fooled ask BET how much they paying him to host 106& park

683 days ago
42.

don coleon    

*****s spend money like the **** gona rot

683 days ago
43.

t bird    

t bird says:
October 8, 2012 at 11:00 am
there is a new tv series coming out bow wow needs to check it out to make some money go to passmetheball.com Anthony H. Sellers is the owner he has a book as well called pass me the ball . the tv series is based on his novel . good luck bow wow in getting a role http://www.barnesandnoble.com/w/pass-me-the-ball-anthony-sellers/1106212057?ean=2940013365599

683 days ago
44.

t bird    

t bird says:
October 8, 2012 at 11:00 am
there is a new tv series coming out bow wow needs to check it out to make some money go to passmetheball.com Anthony H. Sellers is the owner he has a book as well called pass me the ball . the tv series is based on his novel . good luck bow wow in getting a role http://www.barnesandnoble.com/w/pass-me-the-ball-anthony-sellers/1106212057?ean=2940013365599

683 days ago
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