50 Cent: "I'm out this b*tch. Bankruptcy over" "oh now I remember where I put that Money. LMAO"

[joaoreis]

50 Cent's all smiles after the bankruptcy judge signed off on a deal that officially ends his case ... but at a price.

The rapper will pay out $23 million to his creditors over the next 5 years -- $17 million to Sleek Audio and $6 million to Lastonia Leviston ... according to legal docs obtained by TMZ.

As we first reported ... Fiddy presented the plan back in April ... the judge just approved it.

50's attorney tells TMZ, "Mr. Jackson is pleased that the Bankruptcy Court approved his plan of reorganization today, less than one year after filing for chapter 11 to reorganize his financial affairs." The lawyer goes on to say, "Mr. Jackson appreciates the fresh start this process provides."

No word if 50 will celebrate at a strip club ... or how much he'll blow.

source: 50 Cent -- I'm Out This bytch ... Bankruptcy Over!!!

he already posted on ig also

 

[SunZoo]

 

[mortuus est]

YOOOOOOOOOOOOOOOOOO

u can not make this shyt up

if fif is happy im happy

 

[Prince Cairo]

Compared to what he was potentially facing, I think that's a reasonable settlement.

50 learned a lesson about trying to play corporate America like the streets. Those federal judges can choke hold a nikka

 

[New Username]

Fif stans will call this a win

 

[NSSVO]

23?

 

[Amestafuu (Emeritus)]

Godfather 50 the business genius according to his fans.

Wasn't the strategy to declare bankruptcy to avoid paying out these same creditors. He isn't even getting reduced payment amounts. They are the exact same as pre bankruptcy. So exactly what did he gain by declaring bankruptcy if he still pays the same amounts to the same creditors that forced his hand in the first place?




Can't wait to see the stans spin this. All he did was delay the payments and damage his image in the meantime.

Clown laughing on ig like he beat the system. Doesn't matter where you hid the money woodface you didn't dodge the payments

 

[Krazy]

Keeping up appearances I see, as he has done for the past year...he was never gonna come out looking all pissed off and shyt was he.

But hopefully he learns his lessons, because 23 million is steep hardly a big win.

 

[Prince Cairo]

Godfather 50 the business genius according to his fans.

Wasn't the strategy to declare bankruptcy to avoid paying out these same creditors. He isn't even getting reduced payment amounts. They are the exact same as pre bankruptcy. So exactly what did he gain by declaring bankruptcy if he still pays the same amounts to the same creditors that forced his hand in the first place?

They still had to negotiate paymemt plans, protected assets, etc. You can lose all your shyt to a bankruptcy if you don't have the right attorney

 

[Easy-E]

still dry snitchin on The gram

 

[El Vato]

You do know that there are different types of bankruptcy lol He did what Trump did but Trump did it 4 times LOL

 

[A187]

Godfather 50 the business genius according to his fans.

Wasn't the strategy to declare bankruptcy to avoid paying out these same creditors. He isn't even getting reduced payment amounts. They are the exact same as pre bankruptcy. So exactly what did he gain by declaring bankruptcy if he still pays the same amounts to the same creditors that forced his hand in the first place?




Can't wait to see the stans spin this. All he did was delay the payments and damage his image in the meantime.

Clown laughing on ig like he beat the system. Doesn't matter where you hid the money woodface you didn't dodge the payments

no fif got the amount he has to pay reduced
he was originally looking at paying Ricky's BM a lot more

 

[HARLEM AL]

But why you nikkas are upset though?

Man you nikkas love this nikka

 

[Shadow King]

On his birthday at that

Godfather 50 the business genius according to his fans.

Wasn't the strategy to declare bankruptcy to avoid paying out these same creditors. He isn't even getting reduced payment amounts. They are the exact same as pre bankruptcy. So exactly what did he gain by declaring bankruptcy if he still pays the same amounts to the same creditors that forced his hand in the first place?




Can't wait to see the stans spin this. All he did was delay the payments and damage his image in the meantime.

Clown laughing on ig like he beat the system. Doesn't matter where you hid the money woodface you didn't dodge the payments

Broken up payments vs lump sum?

 

[HARLEM AL]

still dry snitchin on The gram

Dry snitching on who?