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

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lmaooooooooo

[IMDAZED]

I don't think it's the $5m lawsuit that's got him doing this. Probably the pending punitive damage. Unless I read wrong, he's being asked to produce proof of worth and if there are big #'s there, forget it. He released a sex tape of a woman and got caught. He's going to get hit hard.

[MrRolltide91]

I don't think it's the $5m lawsuit that's got him doing this. Probably the pending punitive damage. Unless I read wrong, he's being asked to produce proof of worth and if there are big #'s there, forget it. He released a sex tape of a woman and got caught. He's going to get hit hard.

agreed

he could end paying 10 to 20 million

[Sugar Adam Ali]

Bump....

Interesting article I stumbled on

http://finance.yahoo.com/news/50-cent-testifies-lifestyle-just-210440846.html

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Bump....

Interesting article I stumbled on

http://finance.yahoo.com/news/50-cen...210440846.html

lmao i almost feel sorry for him

[Sweet Pea 50]

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.

[elfag]

lmao i almost feel sorry for him

"While Forbes estimated the rapper's fortune to be about $155 million in May, Jackson's lawyer said in court Tuesday that his client's worth is $4.4 million, which presents a problem after he was hit last week with a $5 million verdict for publishing a sex tape starring rival Rick Ross' ex-girlfriend."



4.4 million? yeah thats bull****, where has it all gone?

something is up, him filing for personal bankrupcy IS a bid deal unlike what most people think, because they will make you sell all your assets to pay off as much debt as you can.

But hes made a ton of money and they arent explaining where it went.... ******** problem ect... they are just trying to argue that he never made that much to begin with, which is bull****.

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I doubt he's worth 500 mil, those celebrity wealth estimations are always always wildly incorrect and can't track spending habits or appraise every investment return

And I'm sure you're right that he's lowballing the court to get a payment reduction and has millions overseas

So probably somewhere in the middle

Poor guy has to destroy his rep telling everyone his facebook pics with ferraris and rolexs are all rentals he got to impress them though c'mon tht's comedy gold