Thursday, August 24, 2023

Tasha K Trying to Settle with Cardi B


Earlier this month rapper Cardi B filed a lawsuit against gossip vlogger Tasha K after Tasha filed for bankruptcy to avoid paying the $4 million judgement awarded to Cardi after successfully suing Tasha for defamation of character [click here if you missed that]. 

Now Tasha is trying to work out a settlement...

The blogger who owes Cardi B millions after losing a defamation lawsuit brought by the singer has offered to pay a 6-figure sum to settle the $3.9 million she was ordered to pay the rapper, RadarOnline.com has learned.
According to court documents obtained by RadarOnline.com, Tasha K, who filed for bankruptcy earlier this year after Cardi started garnishing her wages, has submitted her proposed plan to repay her creditors.
Tasha’s biggest creditor is Cardi B, who was awarded $1 million in general damages, $250k in medical expenses, $1.5 million in punitive damages, and another $1.3 million for her legal fees by a Georgia jury.
In her bankruptcy petition, Tasha listed her assets in the $50-$100k range but her liabilities were in the $1 million to $10 million range. Her only assets included a 2021 Chevrolet Silverado, home furniture, $500 worth of electronics, $2,500 worth of clothes and 2 Louis Vuitton purses.
Now, Tasha has filed her proposed repayment plan. The blogger said there are two classes — creditors with secured claims and creditors without secured claims. The first class consists of the $52k owed for a 2021 Chevy Silverado. Tasha said she will continue to make the $1k per month payments.
Per the proposed plan, the next creditors in line to be paid will be the IRS which is owed $84k and the Georgia Department of Revenue owed $40k.
Tasha said her proposed plan will pay an additional $220k to unsecured creditors which includes Cardi B. The blogger offered to pay $220k over 20 quarters.
Per the filing, Cardi would receive $220k of the $3.9 million owed. The rapper has yet to respond to the plan but will have an opportunity to vote to approve or deny it.

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