12349977267?profile=original

Police have literally come to the front door of Lil Wayne's Miami home to seize property to satisfy the rapper's debt to Signature Group, a private jet company, according to TMZ.

Security won't let them in, but Miami-Dade County Sheriffs have a court order which allows them to break locks at the house and it's doors if necessary to gain entry and confiscate assets.

Wayne is currently in Los Angeles while this is going down.

As we previously reported, Weezy was sued by Signature after failing to make good on a 3-year deal with the company. He initially was paying $55.000 a month per their agreement, then suddenly stopped.

Signature continued doing business with the Young Money Records boss until the bill ballooned to $1 million. At which point they filed a lawsuit.

12351507081?profile=original

Wayne lost the lawsuit in September and was ordered to pay the amount owed, plus late fees accrued over the past year in the amount of $800,000. In addition, he was ordered to pay $200,000 for the company's lawyer fees, bringing the grand total owed to $2 million.

As if that wasn't bad enough, Wayne's attorneys at Garbett, Allen & Roza are suing him for non payment of legal fees associated with the case in the amount of $80,682.45.

**UPDATE** November 4th

Police hauled off some pieces from Lil Wayne's $30 million art collection and several record plaques.

They brought someone with them to help determine the value of the seized items.

Follow Me

Join Our Facebook Fan Page Check Us Out On MySpace Follow Us On Twitter Follow Me On Youtube Like MY Facebook Page Connect With Me On Linkedin Connect With Me On Google+ Join My Website Follow Us On Twitter
E-mail me when people leave their comments –

You need to be a member of PaperChaserDotCom to add comments!

Join PaperChaserDotCom

Blog Topics by Tags

  • - (15906)
  • & (7760)
  • To (6046)
  • In (5721)
  • On (5540)
  • Of (4786)

Monthly Archives

} Facebook Login JavaScript Example