Young Buck is about to emerge from bankruptcy, without having to pay any of his creditors back. That includes his old G-Unit buddy 50 Cent.
Reports TMZ: Rapper Young Buck is a new man ... he's about to emerge from bankruptcy with a clean slate ... but creditor/good friend 50 Cent doesn't even get 50 cents. Get this ... 50 had loaned Buck $300k, and there was an outstanding balance of $171,000. According to docs, obtained by TMZ, 50 will get zilch. Ditto G-Unit Records. It had it's hand out for $10 MILLION. Just like 50, G-Unit will end up with goose eggs. Someone got lucky. Of course, it's the lawyers, the bankruptcy trustee and Uncle Sam -- they'll split about $330k. Buck is currently in the bing serving an 18-month sentence for weapons possession and is due out shortly. Last year, the IRS auctioned off Buck's possessions, which netted a grand total of $53,000. Somehow, Young Buck sort of won. -
See more at: http://hiphopwired.com/2013/09/19/y...ave-to-pay-50-cent-back/#sthash.hpVuERFf.dpuf
Reports TMZ: Rapper Young Buck is a new man ... he's about to emerge from bankruptcy with a clean slate ... but creditor/good friend 50 Cent doesn't even get 50 cents. Get this ... 50 had loaned Buck $300k, and there was an outstanding balance of $171,000. According to docs, obtained by TMZ, 50 will get zilch. Ditto G-Unit Records. It had it's hand out for $10 MILLION. Just like 50, G-Unit will end up with goose eggs. Someone got lucky. Of course, it's the lawyers, the bankruptcy trustee and Uncle Sam -- they'll split about $330k. Buck is currently in the bing serving an 18-month sentence for weapons possession and is due out shortly. Last year, the IRS auctioned off Buck's possessions, which netted a grand total of $53,000. Somehow, Young Buck sort of won. -
See more at: http://hiphopwired.com/2013/09/19/y...ave-to-pay-50-cent-back/#sthash.hpVuERFf.dpuf