50 cent files for bankruptcy

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supergangster;8205748 said:

It's a breathtaking fall .. in May, Forbes estimated 50's net worth at $155 million.

The net worth of Nas is estimated at $17 million, which is a drop from previous years. The source of the drop was primarily due to paying back taxes totaling $6 million.Feb 13, 2015

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Ghostdenithegawd;8205755 said:
supergangster;8205748 said:

It's a breathtaking fall .. in May, Forbes estimated 50's net worth at $155 million.

The net worth of Nas is estimated at $17 million, which is a drop from previous years. The source of the drop was primarily due to paying back taxes totaling $6 million.Feb 13, 2015

51hWhXZg77L._SX331_BO1,204,203,200_.jpg

Lol, $17 mill still a lot of fuckin money tho.
 
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Trillaaaaaa;8205757 said:
1st comment and the cape was already out lol

No capes....not even a 50 fan. It's a business move. Just calling it how I see it. Fif on his Trump shit right now.

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I think 50 on some shrewd business man shit with this one. If he not in 50 voice "DAMN HOMIE!!! FUCK HAPPENED TO YOU??"
 
Thread bait title.

50 filled for PERSONAL bankruptcy. Which means he still has his business and the money they generate.

Dudes a smart man. All so he won't have to pay Rick Ross bm. And she's going to be stuck with mad lawyer fees. He's just an evil genius. Far from broke.
 
Ghostdenithegawd;8205755 said:
supergangster;8205748 said:

It's a breathtaking fall .. in May, Forbes estimated 50's net worth at $155 million.

The net worth of Nas is estimated at $17 million, which is a drop from previous years. The source of the drop was primarily due to paying back taxes totaling $6 million.Feb 13, 2015

51hWhXZg77L._SX331_BO1,204,203,200_.jpg

Yeah but Nas actually has $17 million.

According to 50 Cent, he himself filed for bankruptcy.

In otherwords, according to 50 Cent, Nas has more money than him.
 
Even if this is a stunt this muuuunkee still looks foolish cuz y is he even doin all this wen all he had 2 do was spitt bars...donkey Kong wanted 2 get personal rockin cuuurly wigs like a bitch makin cartoons 4 the fuk boys & spent $ tryna destory rozay & failed miserably........ Rozay $ & rap career has gone up running a successful label after the beef while doo doo rap career is over & he is a full time actor now filing bankrupt over a joke after the beef smh
 
I had to post here just to clarify, as there already seems to be some stupid comments.

Curtis filing for Chapter 11 means he doesn't have the personal assets in any form to pay ALL the money he owe's Rick Ross baby momma and the 17 million he owes the headphone company.

Thus when filing for Chapter 11, you are asking the courts to use whatever asset's you have to be restructured and then the court decides on how they should be distributed between he creditors.

Please note Curtis' own personal bank account has already been frozen due to the headphone lawsuit. This means he most probably has no hard cash any longer.

What some people will think and whatever stans he has left are wishing is that if he files for bankruptcy he wont have to pay anyone anything, this is incorrect.

If the Chapter 11 is accepted by the court, all of his assets will be distributed to the people he owe's money too, and then if there is still money owed to the creditors this is usually wiped off.

Thus he will start from $0 and not negative -$5,000,000

 
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nex gin;8205773 said:
Trillaaaaaa;8205757 said:
1st comment and the cape was already out lol

No capes....not even a 50 fan. It's a business move. Just calling it how I see it. Fif on his Trump shit right now.

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lol @ not capes...You caping like a mug boy.

Trump has filed for bankruptcy like 11 times. Fuck him and smh @ you for using him as a good example

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In all reality, we know Fif just doing this to not pay Ross's babymama lol

I was just surprised the capes was flyin in the first comment
 

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