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

WSFGDan

WSFGDan

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Oldhead said:
Godfather 50 the business genius according to his fans. :mjlol:

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?


:dead:

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 :snoop:
Click to expand...

Actually he did he owed over 30 million dumbass, and he's stil fight Ross baby mama's judgement
 
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Not even the federal government makes large institutions pay out this much in fines for wrongdoing. I can't support this or laugh at this. :smh:
 
joaoreis

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Shadow King said:
On his birthday at that :wow:

Broken up payments vs lump sum? :yeshrug:
Click to expand...
he renegotiated some of what he owed
there's also the interest that's gone in this scenario...
17 mill was in 2013 by now would be at 20
the 6 mill for ross baby moma was at around 8 too
 
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Oldhead said:
Godfather 50 the business genius according to his fans. :mjlol:

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?


:dead:

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 :snoop:
Click to expand...
please tell me how you handle the millions you have.

How can I hire you as a financial advisor?
 
Chip Skylark

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Oldhead said:
Godfather 50 the business genius according to his fans. :mjlol:

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?


:dead:

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 :snoop:
Click to expand...


No. He declared bankruptcy to keep from paying Officer Ricky baby mom's a lump sum and prolong the process by gathering all his debts in one basket. You can't get out of paying creditors. Do you think 50 used his own money for his business ventures? No the creditors loaned it to him.

So instead of paying it all back at once it's decreased and over a certain amount of time.
 
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