Overview
- JPMorgan Chase Bank filed suit on July 31 in San Joaquin County Superior Court against MC Hammer and U Can’t Touch This LLC.
- The complaint asserts that Hammer owes $76,732.79 on a $114,376.90 loan taken to buy a Land Rover.
- Hammer agreed to 60 monthly payments of $2,433.97 starting in May 2023 but stopped making regular installments in May 2024.
- The bank has formally demanded the vehicle’s repossession, though the Land Rover remains with the defendants.
- The lawsuit highlights a recurring pattern of high-profile debt troubles for Hammer, who previously filed for bankruptcy in 1996.