Posted by , Feb 3, 2017 at 03:25am
50 Cent's bankruptcy case has been thrown out.

We recently heard things were going smoothly, but it appears 50 Cent is now completely off the hook with regards to his bankruptcy case. According to a report from Billboard, A federal judge has discharged the G-Unit rapper’s bankruptcy case after he paid more than $22 million to his debtors.

Federal Judge Ann Nevins, who previously set up a 5-year plan for Fif to pay back $23 million out of his $36 million dollar debt last year, approved of his discharge yesterday in Hartford, Connecticut.

According to his lawyers, 50 Cent paid $8.7 million out of his own pocket, while the rest of the $13.65 million came from the malpractice settlement that he recently won against other attorneys.

[Via]

50 Cent Pays Off $22 Million To Debtors; Ends Bankruptcy

Kevin Goddard
Feb 3, 2017 at 03:25am
11K Views
496
39

50 Cent's bankruptcy case has been thrown out.

We recently heard things were going smoothly, but it appears 50 Cent is now completely off the hook with regards to his bankruptcy case. According to a report from Billboard, A federal judge has discharged the G-Unit rapper’s bankruptcy case after he paid more than $22 million to his debtors.

Federal Judge Ann Nevins, who previously set up a 5-year plan for Fif to pay back $23 million out of his $36 million dollar debt last year, approved of his discharge yesterday in Hartford, Connecticut.

According to his lawyers, 50 Cent paid $8.7 million out of his own pocket, while the rest of the $13.65 million came from the malpractice settlement that he recently won against other attorneys.

[Via]

HotNewHipHop - Hip Hop's Digital Giant
MUSIC 50 Cent Pays Off $22 Million To Debtors; Ends Bankruptcy
496
39