Mohamed Hadid's Company Files For Bankruptcy

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Mohamed says his Bel-Air mansion needs immediate attention -- it needs to be physically secured or protected from the weather.

the 30,000-square-foot crib because it's unsafe for a myriad of reasons and the property is a"clear and present" danger to Hadid's neighbors.and the city are concerned the mansion is on an unstable hillside and wasn't built to safety standards.

In the docs, Mohamed says he's over $386,000 in debt to a design and management company and over $200k in debt to a building materials company. He says he owes over $93k to a demolition company and owes over $35k to plumbers. The bankruptcy filing raises the possibility that if Mohamed does not pay the estimated $5 million to demolish the mansion, local taxpayers would then have to foot the bill.

 

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Seriously?

Lol

Oh wow!

Looks like a mf gon join his daughters now

He’s super rich. This is so he can bail on his responsibility of paying vendors.

I am sure his famous daughters can bail him out😂😂

Somehow I doubt that he’s broke when he was building a 100,000. 000 million dollar house.

Uh..who is he again?🤷‍♀️🤪🙏🇺🇸🌎

His daughters not chipping in ?

Why did he build it on this piece of property. Stupid or was the property cheap. Does he need help making decisions at his advanced age?

Get some money from your 2 ***** daughters

Scam typical of these so called millionaires

It’s only a matter of time everyone on housewives of Beverly Hills declares bk. Frauds

Someone is trying to evade tax lol

Sell👏The👏Contents👏Voila’👏

Gi that stinks

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