Jay Z’s assistant Memphis Bleek files for bankruptcy... says he has only $100 to his name!

Jay-Z's protégé Malik Cox, popularly known as Memphis Bleek has filed for Chapter 13 bankruptcy, and he claims that he has just $100 in cash. He filed the paperwork in the US Federal Court in New Jersey on March 14th. He told the court that his assets totaled just $274,190, and his liabilities total $384,804.91. Is this another trend of bankrupcy game ? To think he is Jay Z's close ally and filing for bankrupcy sounds weird!

See the list of his assets after below:

– Keyport, N.J. home worth $250,000;

– a 2014 Chevy Impala worth $14,000;

– household goods worth $2,970;

– wedding rings for him and his wife worth $5,000;

– $2,000 in clothes;

– pictures worth $120;

He says he has $0 in his Chase business account, $100 in cash on hand and ownership of his company “Get Low Touring,” which is worth $0.

Bleek’s liabilities include $335,000 owed on the N.J. home, $24,000 on the Chevy Impala, $9,000 owed to the IRS and $13,000 to Monmouth County Superior Court.