50 cent files for chapter 11...

[GatorStaceyAdams]

http://blogs.wsj.com/bankruptcy/2015/07/13/rapper-50-cent-files-for-bankruptcy/

 

[Remote]

Floyd Mayweather won.

 

[AkaDemiK]

there's a method to his madness u crab nikkas

 

[Lazy Migrant]

The filing comes days after a jury directed Mr. Jackson to pay $5 million to a woman who sued over a sex tape, the Associated Press reported.

 

[At30wecashout]

Rich people moves. He ain't broke. He trying to protect his assets.

 

[GatorStaceyAdams]

there's a method to his madness u crab nikkas

Naw breh,

I always respected the hell outta 50- he always appeared to be a business saavy brotha. But from the sounds of it, it appears that ol' boy is well past insolvent.

Which means his business ventures were actually pretty shytty- and that he was basically eating through all his royalties to fund them

 

[Remote]

Since when do you file for chapter 11 off a 5 million dollar judgment ?
For a dude who is supposedly worth tens of millions?

He might not be broke but he clearly fukked up.

 

[Carl Jett Kaps]

Bet he wishes he didn't get released from The Money Team now

Mayweather would have paid that lawsuit off in one dollar bills like this

 

[Remote]

 

[SirReginald]

Bankruptcy means you are trying to protect your shyt when you are in a jam. Not really broke per say.

 

[Diondon]

I think Curly said he doesn't really make that much in yearly income
All his money is tied up in his companies or whatever
I don't give a fukk just stop releasing music

 

[☑︎#VoteDemocrat]

Ya'll better smarten up

 

[☑︎#VoteDemocrat]

Bet he wishes he didn't get released from The Money Team now

Mayweather would have paid that lawsuit off in one dollar bills like this

id trust my money with 50 over floyd any day

 

[newworldafro]

Just pay the $5 milly and keep it moving...... ......

Rick Ross Baby Mom's won ......... in a way

So some of yall legal experts in here... Couldn't Rick Ross' Baby Mom's lawyers just come after his material assets like his houses and cars for the $5 milly?

 

[M.O.N.E.Y.]

Ya'll better smarten up

Smartening up wouldn't be getting into dumb shyt rap beefs that lead to you leaking a sex-tape, thus being liable for a $5 Mill law suit.

He may not be broke, but the fact he needs to do this is an L