Scott Storch Files For Bankruptcy

scott_storch

This is shocking but not so shocking at the same damn time.

According to TMZ, Scott Storch is so hard of cash that he has filed for bankruptcy. The hit music producer who has produced almost a dozen Top 10s on the Billboard Hot 100 for artists such as Beyonce, Chris Brown, 50 Cent, Pink, Christina Aguilera and Justin Timberlake claims that he only has $3,600 of assets to his name. This includes $100 in cash, $500 in clothing and a $3k worth watch and mentioned in his docs that he made just $10,000 last year.

Storch has battled with cocaine problems almost throughout his career and has repeatedly admitted to spending luxuriously on extravagant lifestyles and parties. Last year, he had told Billboard that he was prepping the release of a 4 song EP after reshaping his career as an electro-pop singer but that clearly did not happen. He was also in the studio with artists like Fat Joe and Pusha T last year, working on new music. We hope he is able to get through this and make a successful comeback.