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Thread started 06/21/11 5:31pm

LittleBLUECorv
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Master P, $271 in Child Support for four kids

http://www.hiphopdx.com/i...pport-pay/

I know what y'all are thinking, that's it? But dude shouldn't be paying child support in the first place. He takes care of all his kids and then some.

I think this is just a battle between him and his ex-wife, Sonya. Which I'm suprised they even seperated, compared to how he used to be.

[Edited 6/21/11 17:32pm]

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Reply #1 posted 06/21/11 5:45pm

Timmy84

Didn't know they were separating either.

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Reply #2 posted 06/21/11 5:46pm

TD3

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Child support is based on a parent's income if it's $271 a month.... shrug From what I've read she not claiming malfeasance she asking for an increase in child support.; you have children you pay child support. shrug

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Reply #3 posted 06/21/11 5:51pm

LittleBLUECorv
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TD3 said:

Child support is based on a parent's income if it's $271 a month.... shrug From what I've read she not claiming malfeasance she asking for an increase in child support.; you have children you pay child support. shrug

I think Child Support should be for fathers (or sometimes mothers) not in the kids lives. I work in the courts so I know what goes on.

For a guy like P who is always in his kids lives (hell, he gave Romeo his No Limit inprint and guess who's on the roster, most of Master P's kids.)

I know plenty people who are seperated with kids and not on child support, because they take care and then some.

I would have to think this is just Sonya tryin to get some money out of P (and he has some, net worth $661 Million.)

PRINCE: Always and Forever
MICHAEL JACKSON: Always and Forever
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Reply #4 posted 06/21/11 5:56pm

lastdecember

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TD3 said:

Child support is based on a parent's income if it's $271 a month.... shrug From what I've read she not claiming malfeasance she asking for an increase in child support.; you have children you pay child support. shrug

Well goes to show that back-catalog doesnt sell for many of artists from the last 15-20 years, rap has never had shelf life with albums, and so if theres any lesson here its that you better stash your cash, dude was a multi million album selling artist (according to soundscan) and now makes less than 350 dollars a week, hope he saved some of that money from when he was selling these albums.


"We went where our music was appreciated, and that was everywhere but the USA, we knew we had fans, but there is only so much of the world you can play at once" Magne F
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Reply #5 posted 06/21/11 6:13pm

TonyVanDam

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Timmy84 said:

Didn't know they were separating either.

You?!? I didn't even know Percy & Sonya were headed for divorce court. eek

And if P didn't have a pre-nup, he's good as screwed. Remember, Sonya has been with P & No Limit Records since the very beginning.

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Reply #6 posted 06/21/11 6:19pm

TonyVanDam

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LittleBLUECorvette said:

TD3 said:

Child support is based on a parent's income if it's $271 a month.... shrug From what I've read she not claiming malfeasance she asking for an increase in child support.; you have children you pay child support. shrug

I think Child Support should be for fathers (or sometimes mothers) not in the kids lives. I work in the courts so I know what goes on.

For a guy like P who is always in his kids lives (hell, he gave Romeo his No Limit inprint and guess who's on the roster, most of Master P's kids.)

I know plenty people who are seperated with kids and not on child support, because they take care and then some.

I would have to think this is just Sonya tryin to get some money out of P (and he has some, net worth $661 Million.)

I actually meant Sonya years ago during a live taping of WCW Nitro in the Louisiana Superdome. She really is a nice woman. I would have never figured that she was the gold-digging type at all. And again, she was with P when No Limit didn't even go national yet.

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Reply #7 posted 06/21/11 6:23pm

LittleBLUECorv
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TonyVanDam said:

Timmy84 said:

Didn't know they were separating either.

You?!? I didn't even know Percy & Sonya were headed for divorce court. eek

And if P didn't have a pre-nup, he's good as screwed. Remember, Sonya has been with P & No Limit Records since the very beginning.

Master P is a smart business man, the IRS been on P back since 1993 before No Limit even blew up. He so smart, his ex don't even know where his money is. According to the reports, he's only paying $271 cause Sonya can only fin one source of income that has him making like 1300 a month.

If anyone can get around the system, it's Master P.

PRINCE: Always and Forever
MICHAEL JACKSON: Always and Forever
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Live Your Life How U Wanna Live It
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Reply #8 posted 06/21/11 8:05pm

HohnerCatcher

unnnnnnnnghhhhhh

(unnnnnnnnghhhhhh)

na nah na nahh

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Reply #9 posted 06/21/11 8:19pm

Identity

LittleBLUECorvette said:

Master P is a smart business man, the IRS been on P back since 1993 before No Limit even blew up. He so smart, his ex don't even know where his money is. According to the reports, he's only paying $271 cause Sonya can only fin one source of income that has him making like 1300 a month.

If anyone can get around the system, it's Master P.

Dude filed for bankruptcy in 2003 and, according to the IRS, poorly maintained No Limit's financial records. If he's holding money in secret accounts he's risking prosecution.




[Edited 6/21/11 20:26pm]

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Reply #10 posted 06/21/11 8:32pm

LittleBLUECorv
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Identity said:

LittleBLUECorvette said:

Master P is a smart business man, the IRS been on P back since 1993 before No Limit even blew up. He so smart, his ex don't even know where his money is. According to the reports, he's only paying $271 cause Sonya can only fin one source of income that has him making like 1300 a month.

If anyone can get around the system, it's Master P.

Dude filed for bankruptcy in 2003 and, according to the IRS, poorly maintained No Limit's financial records. If he's holding money in secret accounts he's risking prosecution.




[Edited 6/21/11 20:26pm]

He filed his company No Limt for bankruptcy, not himself. Soon after he started The New No Limit.

PRINCE: Always and Forever
MICHAEL JACKSON: Always and Forever
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Reply #11 posted 06/21/11 8:36pm

lastdecember

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Identity said:

LittleBLUECorvette said:

Master P is a smart business man, the IRS been on P back since 1993 before No Limit even blew up. He so smart, his ex don't even know where his money is. According to the reports, he's only paying $271 cause Sonya can only fin one source of income that has him making like 1300 a month.

If anyone can get around the system, it's Master P.

Dude filed for bankruptcy in 2003 and, according to the IRS, poorly maintained No Limit's financial records. If he's holding money in secret accounts he's risking prosecution.




[Edited 6/21/11 20:26pm]

the bankruptcy law got tougher for no one but people who obey the law and pay taxes. Sorry but it bugs me when people can get jobs and people get screwed with taxes and meanwhile dude like this has the cash but is stashing it like a squirrel stashing nuts doesnt pay his share.


"We went where our music was appreciated, and that was everywhere but the USA, we knew we had fans, but there is only so much of the world you can play at once" Magne F
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Reply #12 posted 06/21/11 8:39pm

TD3

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LittleBLUECorvette said:

TD3 said:

Child support is based on a parent's income if it's $271 a month.... shrug From what I've read she not claiming malfeasance she asking for an increase in child support.; you have children you pay child support. shrug

I think Child Support should be for fathers (or sometimes mothers) not in the kids lives. I work in the courts so I know what goes on.

For a guy like P who is always in his kids lives (hell, he gave Romeo his No Limit inprint and guess who's on the roster, most of Master P's kids.)

I know plenty people who are seperated with kids and not on child support, because they take care and then some.

I would have to think this is just Sonya tryin to get some money out of P (and he has some, net worth $661 Million.)

Its been my experience though issues and/or disputes about child support (any legal case for that matter) maybe very similar; it's best to judge each case on its own circumstances and merits. The link you've provided only states, Sonya is asking the court to ajust Master P's child support payment, she's asking for an increase. TMZ is claiming Master P is worth millions, maybe he is and maybe he's not. That's all that article says, nothing more, nothing less. I'm not sure what the isssue is, request for an increase of child support payments or a request for a reduction of child support payments happens everyday.

I would hope Master P is in his kids lives still, that doesn't negate his financial obligation to support his children. Whatever he chooses to do financially beyond (many parents / men do) what the court has ordered him to pay again, this doesn't negate his child support payments. Unless, Sonya and Master P come to an agreement that the other ways he supports their children is adequate in helping her support their famliy as the custodial parent.

Many parents reach an amicable decision on how they'll financial support their children - without involving the court - during a legal seperation and/ or filing a petition for divorce... not all states recognize legal seperation. Depending on state laws, family court judges give a bit of latitude if the parents can reach an amicable agreement for child support. As you know, if parents can't reach a financial agreement than the courts decide what the non custodial parent pays.

========== i'm not sure why all the space after my post, corrected it============

[Edited 6/21/11 21:30pm]

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Reply #13 posted 06/21/11 10:00pm

TonyVanDam

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Identity said:

LittleBLUECorvette said:

Master P is a smart business man, the IRS been on P back since 1993 before No Limit even blew up. He so smart, his ex don't even know where his money is. According to the reports, he's only paying $271 cause Sonya can only fin one source of income that has him making like 1300 a month.

If anyone can get around the system, it's Master P.

Dude filed for bankruptcy in 2003 and, according to the IRS, poorly maintained No Limit's financial records. If he's holding money in secret accounts he's risking prosecution.




[Edited 6/21/11 20:26pm]

TWO WORDS: Swiss. Banks. wink

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Reply #14 posted 06/22/11 9:51am

Graycap23

TonyVanDam said:

Identity said:

Dude filed for bankruptcy in 2003 and, according to the IRS, poorly maintained No Limit's financial records. If he's holding money in secret accounts he's risking prosecution.




[Edited 6/21/11 20:26pm]

TWO WORDS: Swiss. Banks. wink

1 word.....silence.

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Reply #15 posted 06/22/11 11:55am

TonyVanDam

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Graycap23 said:

TonyVanDam said:

TWO WORDS: Swiss. Banks. wink

1 word.....silence.

Absolutely! mr.green

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Reply #16 posted 06/22/11 11:55am

Identity

Two words, two syllables: chain gang.

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Reply #17 posted 06/22/11 1:13pm

HotGritz

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LittleBLUECorvette said:

TD3 said:

Child support is based on a parent's income if it's $271 a month.... shrug From what I've read she not claiming malfeasance she asking for an increase in child support.; you have children you pay child support. shrug

I think Child Support should be for fathers (or sometimes mothers) not in the kids lives. I work in the courts so I know what goes on.

For a guy like P who is always in his kids lives (hell, he gave Romeo his No Limit inprint and guess who's on the roster, most of Master P's kids.)

I know plenty people who are seperated with kids and not on child support, because they take care and then some.

I would have to think this is just Sonya tryin to get some money out of P (and he has some, net worth $661 Million.)

If he's balling like that then how is an extra $271 gonna make any difference in her life or the kids?

If he's not paying anything and she has sole custody then, as you know if you truly work in family court, he has to pay based on his income. Either he pays momma or he takes her to court and asks for sole custody.

For real tho....I heard the nucca cheap as hell!

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Reply #18 posted 06/22/11 5:47pm

LittleBLUECorv
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HotGritz said:

LittleBLUECorvette said:

I think Child Support should be for fathers (or sometimes mothers) not in the kids lives. I work in the courts so I know what goes on.

For a guy like P who is always in his kids lives (hell, he gave Romeo his No Limit inprint and guess who's on the roster, most of Master P's kids.)

I know plenty people who are seperated with kids and not on child support, because they take care and then some.

I would have to think this is just Sonya tryin to get some money out of P (and he has some, net worth $661 Million.)

If he's balling like that then how is an extra $271 gonna make any difference in her life or the kids?

If he's not paying anything and she has sole custody then, as you know if you truly work in family court, he has to pay based on his income. Either he pays momma or he takes her to court and asks for sole custody.

For real tho....I heard the nucca cheap as hell!

I read that he has custody of their kids ... don't know.

PRINCE: Always and Forever
MICHAEL JACKSON: Always and Forever
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Live Your Life How U Wanna Live It
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Reply #19 posted 06/23/11 6:10am

Graycap23

Identity said:

Two words, two syllables: chain gang.

.......When u get that kind of loot, u partner up with folks in the know like Senators & Congressmen who know how 2 hide money with the BEST of them.

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