Bow Wow Owes $284K For Car Lease Judgment
B.W. leased a 2005 Ferrari F430 back in 2008. It didn't take long for the rapper to fall behind, because in February, 2009, the leasing company sued him and got a judgment for $216,084.
Since getting the judgment, the leasing company has been on the hunt for payment, using a collection agent to track down Bow Wow.
Mr. Wow never paid, and now with interest the judgment has swelled to $283,785.
Bow Wow told the custody judge he only had $1,500 in his bank account and leases a jeep. Wow, maybe Bow was telling the truth. more on this story
TMZ submitted this story.