Nipsey Hussle’s estate sued over credit card debt

When the late, legendary Nipsey Hussle was felled by an assassin’s bullet on March 31, he reportedly died owing American Express a great deal of change. Therefore, the credit card giant is taking steps to collect on that debt via the court system.

AMEX is not the first company to claim in court that Nipsey owed them money. In May of this year, Paramount Recording Group filed a creditor’s claim regarding Nipsey, saying that he and another party owed them $32,000 from a 2012 judgment. However, just a week later, PRG pulled the claim without explanation.

AMEX claims Nipsey, whose real name was Ermias Asghedom, owes them almost $47,000 that was not reconciled when he was fatally shot in front of The Marathon Store that he owned in South Los Angeles.

In court documents obtained by The Blast, AMEX officials write: “The Decedent purchased goods and/or services in the amount of $46,930.67.”

The value of Nipsey estate is estimated to be $2,035,000, and Nipsey’s surviving brother, Blacc Sam, filed papers to be the administrator of his brother’s affairs since he died without a will. Blacc Sam said he needs to be able to handle the mushrooming business opportunities that have come in since Nipsey passed.

For example, Nispey and Puma had partnered up before March 31, with executive Adam Petrick proclaiming “The concept of working with Nipsey just made sense.”

Patrick did not waiver from the business relationship after Nipsey’s death, saying that the products produced beforehand will continue to be released. He also said Nipsey Hussle will be honored in a posthumous collection with Puma.

“We had a lot of things that were coming, and hopefully a lot of things we will still do with his estate. We’ll work with his family and we’ll support his kids,” Petrick revealed.

Terry Shropshire
Terry Shropshire

A military veteran and Buckeye State native, I've written for the likes of the Atlanta Journal-Constitution, Atlanta Business Chronicle and the Detroit Free Press. I'm a lover of words, photography, books, travel, animals and The Ohio State Buckeyes. #GoBucks



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