Tyrese is drowning in debt to his credit card company.
Ty apparently racked up an unpaid balance of more than $61,000 on his AmEx. He was in a public crisis late last year over money and mental health issues, at one point making up a fib about Will and Jada Pinkett Smith offering him a $5 million bailout that wound up being bogus.
Back in November of last month, he said he was pulling in $105,686 a month but paying out $107,576 in expenses. The documents he filed at the time indicate he had around 900 grand in the bank and an Atlanta home valued at $4 million.
Source: TMZ