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Ginuwine Prepares to File for Bankruptcy Following Divorce

Lawsuit over royalties reveals singer's financial woes.

After an extremely quiet divorce from his now ex-wife, Solé, Ginuwine is one step away from filing for bankruptcy.
According to the R&B crooner's lawyer, Bruce Beckner, the singer is broke and has accrued debts that he's currently unable to pay, the New York Daily News reports.
"Mr. Lumpkin is very close to declaring bankruptcy. He owes my firm a ton of money and a bunch of other people a ton of money," Buckner said. "He owes Uncle Sam 300-odd thousand dollars in back income taxes.”
The singer's financial woes were revealed during a pretrial hearing against the executive producer of his 1996 album, The Bachelor, Robert Reives. The producer is claiming that he's owed royalties from a five-album, $1.25 million deal that Ginuwine signed with Sony. 

The R&B singer is arguing that Reives's claim falls outside of the statute of limitations and isn't owed the money that he's seeking. 
This story is still developing.
Watch Kevin Hart in a new episode of Real Husbands of Hollywood every Tuesday, 10P/9C.

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 (Photo: Paras Griffin/WireImage)

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