DAME DASH LOW ON CASH?!

DAME DASH LOW ON CASH?!

With all the bread Damon Dash generates,  one would think he would make his mortgage payments on time or even make the payments at all. . According to the Associate Press, Dame and his fashion designer wife Rachel Roy are in jeopardy of losing two of their New York homes to foreclosure. They reportedly owe $7.3 million on their two NY apartments and the bank that holds the mortgages has already begun the foreclosure process on the properties. In court documents which were filed on Monday, Eastern Savings Bank claims that Dame and Rachel failed to make monthly payments of $78,500. Whoa! Now, I’m going to take y’all back to last year when Dame got caught up in another financial situation, involving the State of New York. Dame’s name was listed among those who owed money in back taxes to the State of New York.

Poor Dame, after he and Jay-Z parted ways his financial situation has gone downhill.  Are Dame & Rachel about to be homesles?! *gasp* Maybe its time to turn tricks or give Hov a call and pull a Young Buck…”I’m sorry!” *sniff, sniff* Another option could be shampoo endorsement deals like his man…Memphis Bleek. LMAO!

Posted under News Bites by J'More