July 13, 2015
Hip-hop star, 50 Cents, whose real name is Curtis James Jackson III, is seeking James Jackson III, chapter 11 protection in U.S. Bankruptcy Court in Connecticut on liabilities worth between $10 million and $50 million, according to documents obtained by CBS News.
This coming just after 50 was ordered to pay pay $5 million to a woman who sued over a sex tape as we previously reported.
http://urbanimagemagazine.com/50-cent-ordered-to-pay-rick-ross-baby-mother-5-million-in-sex-tape-lawsuit/
It’s crazy that 50 Cents really may not have 50 Cents left to his name. With all the business ventures he’s had throughout the years, movies and records you would think that he would be set. What has HEEEE been doin???? SMH
Comments
That fool is not broke!
Oh, no. That’s just to protect his personal assets from the lawsuit. Rich people file bankruptcy all the time.
I don’t know about that one. He was just on TV and landed a “sweet” deal with Disney. He is no dummy. Donald Trump does it all the time, no biggie. Go see his ranking in Forbes magazine. ~~~love u 4 real~~~
He is not broke! He just doesn’t want to pay the lawsuit that he is involved in! Ijs
Shoot, you right cuz.
Ijs fam!
U must don’t see what he’s doing. Its a work of art actually. By doing what he’s set out to accomplish is very smart. The same thing Donald trump, p diddy, m. Jackson, oh boy from So So Def, and others. The Rich know how to play the game.
Yeah, I see exactly what he’s doing. It’s just my part to put the news out there. The rich always have some money when they file bankrupt. It’s the American way. Watch, soon as I start getting myself in order, I’m filing too Cuz. He’s dodgin that lawsuit he just got hit with. He gotta pay Rick Ross’ baby mama 5 million for leaking that sex tape.
He’s no dummy
Hell naw