Comments Thread For: 50 Cent Files For Bankruptcy, Significant Debt Builds

[PACBOY]

Maybe Floyd will help out!

[bigdunny1]

He has signed for personal twice chapter 11 is different from 7 or 13 when you actually poor they start selling off items you own to get money 11 is to pay off debts lawsuits come to agreements with creditors lower payments over time

Where are you seeing that? Another poster said Trump has never filled for Personal bankruptcy. Only corporate. And this link also states the distinction

http://www.forbes.com/sites/clareoco...-work-for-him/

First things first: Donald Trump has filed for corporate bankruptcy four times, in 1991, 1992, 2004 and 2009. All of these bankruptcies were connected to over-leveraged casino and hotel properties in Atlantic City, all of which are now operated under the banner of Trump Entertainment Resorts. He has never filed for personal bankruptcy — an important distinction when considering his ability to emerge relatively unscathed, at least financially.

[uniquehump]

Just use The Money Team Phones

https://www.youtube.com/watch?v=H5aVTGCHf-I

These phones should be more than enough to clear this debt.

[eddiefutch]

Can someone dig up the article where he said he was sorry he and floyd didnt go into business together cause he wanted to help mayweather so he wouldnt go bankrupt when he left boxing.

This one?:

http://www.badlefthook.com/2012/12/1/3715812/50-cent-video-interview-boxing-floyd-mayweather-no-investments-income

[lfc19titles]

This is like when frank warren declared bankruptcy for the millionth time to avoid paying out in damages

Fifty will have lots of money tied in assets imo

[AddiX]

50 isn't bankrupt you god damn ratchet children.

The guy is worth 500 million. Chapter 11 just gives him time to get the $ together to pay off his lawsuit, most of his $ is invested and spread out who knows where.

[turnedup]

Here go all the financial experts of Boxing Scene...the same ones who get all their entertainer money information from bogus @ss forbes articles. The house this cat owns outright in California is worth more than all his debt combined but keep on keeping on with the hater-cola

[Syf]

Dude just being shrewd. Hard to believe 20 mill or so levels out a 500 mill fortune. He probably has his assets solidified or in offshore accounts. My guess.


Irs gonna be all over this dude though. We probably gonna see a fraud scandal in the future when they inevitably follow the paper trail.

[niceguy45]

is .50 a boxer ? no so can we move on ???

[ThatDude44]

No matter how rich you are 17 mil is stiff.