50 cent files for bankruptcy

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gee757;8240221 said:
PMoneyQueenz;8240083 said:
50 owns 50% of SK which has an estimated net worth of $50mill. He can sell off his haif and sneeze these lawsuits away. Though with the chapter 11 he can pay back this money slowly. I bet u Ross BM gets something like 25 grand a month spread out over 15 years

U say that like that's bad lol...I wish I was getting paid 25k a month 4 nothing rozay bm hit the jackpot

Nah it's good for both parties. I wonder if Ross don't have to pay child support now? That would be a ultimate W for the cop
 
PMoneyQueenz;8240282 said:
Nah it's good for both parties. I wonder if Ross don't have to pay child support now? That would be a ultimate W for the cop

Nah this ain't good 4 simpin cuuuurly cuz he gotta come outta his pocket cuz he works 4 officer Ricky*muuuunkee voice* now...baaaaawse!
 
Shit looking bad man then ross trying to get at him on wax. Yeah i change my stance fif is taking a major L on this one
 
50 Cent's financial woes are coming into focus ... because new financial docs show G-Unit Records and G-Unit Brands have cost 50 more than $10 million over the last three years.

According to new documents filed as part of 50's bankruptcy, the two branches of G-Unit have been in the red each of the last three years -- $10.45 million in losses. The silver lining ... they've done better this year ... they're still losing dough, but not as much.

The documents reveal a few other 50 financial tidbits. 50 is currently paying child support to Daphne Joy for their young son, Sire ... and the docs say by the time the kid hits 18 ... he'll have paid out $832,600.

50 says he has more than $15 million in personal property, which does not include houses. And get this ... he has $2.7 million in his checking account.

50's monthly expenses include $5,000/month for gardening, $1,500 for pool maintenance and $9,000/month for security.

Read more:http://www.tmz.com/2015/08/04/50-cent-bankruptcy-g-unit-records/#ixzz3hr855uZh

 
gee757;8239394 said:
Screwtape;8236968 said:
50%20cent%20court%202.jpg


lmao this picture is killin me

That pik is sad & funny @ the same damn time cuz karma is real.....cuz back n 09 wen donkey Kong was rockin wigs like a bitch & tryna destroy rozay...doo doo couldn't imagine 6 yrz later he only destroyed himself fukin wit the baaaaawse ricky raaaawse........doo doo said he was gonna fuk rozay life up & he ended up on the stand facing jail time 4 being a muuuunkee!

Talk_Of_NY;8237619 said:
fifs legal team told us not speak til the case is over, but rest assure we got this. #southside #theunit

Stfu cracka gayo bitch ass better tell doo doo 2 stop playing b4 he go 2 jail cuz yoyo is a dead man walkin if that happens..lol

ill slap the shit out of u son
 
50 fudging the numbers just like the cacs do, trying to make things look worse than they actually are to help reduce the high payment plan numbers he's gonna get. As well as have some of those that he owes just walk away from the table because sometimes it's easier to eat the bill over waiting for the payment .....

it just looks super bad because of how social media has 50's undoing on front street like crazy.
 
According to the publication, court documents filed on May 11 show 50 now owes creditors $36,098,773 not $28,478,920 like it was previously reported.

The Queens native apparently has $19.8 million in assets from $8.8 million in real estate and $11 million in personal property.

His monthly income is said to be $184,000, but he spends $108,000 per month.

50 reached deals with some of his creditors in March, agreeing to pay secured creditors in full and unsecured creditors between 74% and 92% of what they are owed over five years. In addition, the “I Get Money” rhymer owes $855,000 in domestic support and $1.48 million in taxes and debts to the government.

Recently, 50 (born Curtis Jackson III) requested a judge dismiss the Chapter 11 bankruptcy filed in May 2015 by his boxing company SMS Promotions.

Jackson filed for personal Chapter 11 bankruptcy protection in July 2015.

 
Young_Chitlin;9008513 said:
According to the publication, court documents filed on May 11 show 50 now owes creditors $36,098,773 not $28,478,920 like it was previously reported.

The Queens native apparently has $19.8 million in assets from $8.8 million in real estate and $11 million in personal property.

His monthly income is said to be $184,000, but he spends $108,000 per month.

50 reached deals with some of his creditors in March, agreeing to pay secured creditors in full and unsecured creditors between 74% and 92% of what they are owed over five years. In addition, the “I Get Money” rhymer owes $855,000 in domestic support and $1.48 million in taxes and debts to the government.

Recently, 50 (born Curtis Jackson III) requested a judge dismiss the Chapter 11 bankruptcy filed in May 2015 by his boxing company SMS Promotions.

Jackson filed for personal Chapter 11 bankruptcy protection in July 2015.

Damn i actually forgot about this
 

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