By Kendria Brown, NDG Intern
R&B singer Mary J. Blige owes nearly $1 million dollars in back taxes to the state of New Jersey. The exact amount Mary owes is $901,769.65- which is more than a zip code and dang near a phone number (speaking in terms of digits)!
That is not the only thing that Ms. Blige owes either. In addition to the $900,000 tax lien, Blige owes on a $500,000 loan from Bank of America that she has defaulted on. Blige has a lawsuit pending against her from Bank of America because when she took out the loan in 2005, she allegedly stopped making her payments on it after last June.
Blige was also sued for defaulting on a $2.2 million dollar bank loan from Signature Bank.
The financial crisis does not end there for Blige either. Her charity, the Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now, is also being sued by TD Bank because it did not pay on a $250,000 loan. The foundation insisted that the financial institution should have never offered them a loan in the first place, or that the bank should have known better. When Mary was asked last year who was responsible for the charity financial issues, Mary responded, “The problem is that I didn’t have the right people in the right places doing the right things.”
But what do you think Mary has to say about this $900 K tax lien? Comment on our Facebook.com/NorthDallasGazette.