T-Pain Is About To Lose His Florida Home

by HHL JT

T-Pain has been open about his financial issues.

In an interview with Gary Vaynerchuk last year, he admitted he had been so broke that he couldn't afford fast food.

"I definitely had to run out of money first,” he told Vaynerchuk. “I had to borrow money to get Burger King. It got that bad. And I still had artists, and stuff. I was paying for photoshoots, and I was borrowing money to do all that."

At the time, T-Pain said he had overcome that setback and was back on his financial feet. 

But maybe not so much. T-Pain is about to lose his Florida home after not paying off a rather modest mortgage and then not showing up in court to face his default. 

According to Deutsche Bank, T-Pain took out an $85,800 loan in 2007 for the Palm Beach property. But he stopped making mortgage payments in 2016 and now owes a total of $117,158.22, which is $83k principal plus interest and legal fees.

Since T-Pain didn't respond to Deutsche Bank's lawsuit, his house will be auctioned off on October 28 unless he makes the entire $117,158.22 payment.