The singer's possessions may be seized if she doesn't settle an IRS bill.

Earlier today, E! reported Duane Martin and wife Tisha Campbell filed for bankruptcy.

One actor that we love has gone bankrupt. OldSchool 103.5 has learned that former ‘ER’ star Mekhi Phifer filed for bankruptcy last month, claiming $67,000 in assets while his debt estimates to be $1.3 million. Phifers legal documents show that he spends about $11,600 monthly, but only earns $7,500. The actor has $1.2 million in […]

Courtesy of Boston Dot Com The mayor of Detroit Dave Bing took offense to recent comments made the Boston mayor in a magazine article about…

  Rough times in the Motor City. In the largest municipal bankruptcy filing in U.S. history, Detroit has asked a federal judge for permission to put the city into Chapter 9 bankruptcy protection.  The city’s deficit is upwards of $18 billion and residents keep fleeing city limits in record number (a quarter-million residents in the […]