Bow Wow who ended last year on a bad note by owing the IRS over $90,000 continues to face financial difficulties. Suntrust Bank in Georgia has filed a lawsuit against Bow Wow whose legal name is Shad Moss. The lawsuit alleges that Bow Weezy defaulted on a loan that was used to purchase a Lamborghini Murcielago. The Lambo was repossessed by the bank which was able to salvage $161,000 from the sale of the car. But the bank is now suing Bow Wow for the repossession charges of $25,000. Hopefully Bow Wow’s new gig a host of BET’s 106 & Park will help him get his money straight.
On a side note, Bow Wow is also facing a collection agency which has a $283,000 judgement against the rapper for a Ferrari in which he stopped making payments on.
“They should of neva gave you ni**** money!” lol
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