Tyrese Settles $61Ok American Categorical Lawsuit

Los Angeles, CA – After it was revealed earlier this summer time that Tyrese was dealing with authorized motion from bank card big American Categorical because the consequence unpaid debt, it seems the Quick & Livid star has agreed to pay it f the quaint means — in month-to-month installments.

As first reported by The Blast, AMEX filed papers final week citing that an settlement was reached. He at the moment owes a stability over $61,000 along with his final cost $10,000 being made again in April.

The extent his monetary woes got here to mild final month and was attributed to his lengthy — and emotionally taxing — custody battle along with his ex-wife over their 10-year-old daughter. Court docket paperwork revealed month-to-month bills that tallied $114,000 in opposition to month-to-month earnings simply $51,000, with a quickly depleting financial savings in reserve.

At one level, Tyrese had falsely claimed that Will Smith and spouse Jada had given him $5 million to assist him out.