Montell Jordan Reveals Bankruptcy Nightmare: Millions Lost Due to Legal Mismanagement

Montell Jordan’s bankruptcy filing is a reminder that lawyers need to be overseen by other attorneys. In his 2019 interview on the “Karen Hunter Show” on XM Radio, the former singer-turned-pastor reflected on his decision to file for Chapter 7 bankruptcy in 2004 and spoke about how the process began. The story recently resurfaced on Instagram. ANAHEIM, CALIFORNIA – DECEMBER 07: Montell Jordan attends at Galaxy of Wishes: A Night to Benefit Make-A-Wish at Disneyland on December 07, 2021 in Anaheim, California. (Photo by Tiffany Rose/Getty Images for Make-A-Wish) The “This Is How We Do It” singer tells the host that the actual amount owed in back taxes was only a couple of thousand dollars rather than millions. Jordan claims the IRS seized the opportunity to collect once the debt ballooned due to daily interest. This Is How Jordan Owed The IRS For the singer, who had to sell the publishing rights to his music to pay off his debts, he described that he only had $2 in his bank account, with the only meal available to him being a Happy Meal. When explaining how his debt ballooned, he referenced Wesley Snipes and his IRS problems. Snipes, who was convicted...