The company filed a lawsuit against him in October, but the rapper has yet to pay back the money he owes, in addition to an extra $3,000 in attorney’s fees. A court hearing is reportedly set for January 9.
This is not the first time that the ‘Hot In Herre’ singer has faced financial trouble. Back in May, his former manager claimed that the rapper lost all of his money as a result of a gambling problem, and that he faced losing his home due to the debt. At the time, Nelly denied the rumours, writing on his Twitter:
‘I no some hoping that 4closure statement is tru but I’m sorry EPIC FAIL!
Nelly recently revealed plans to release a seventh studio album, during a visit to The Today Show. He said: “I’ll hopefully have a new album coming out at the end of this year. I’m going back in. The last album ‘5.0’ was phenomenal… Hopefully, I have something real big planned. I don’t want to give it away.” You can watch the interview below.