50 Cent Pays Off $22 Million Debt 4 Years Early to End Bankruptcy Case
- send2smashblock
- Feb 3, 2017
- 1 min read
50 Cent is someone, no matter how much you try to destroy him, he always finds a way to come back to top.
Associated Press reports that a federal judge has discharged the rapper’s much publicized Chapter 11 bankruptcy case after he paid more than $22 million to his debtors. He paid $8.7 million of his own money and rest $13.65 million from malpractice settlement with his ex-lawyers that he recently won.
50 had filed his “reorganization of assets” bankruptcy in a Connecticut federal court in July 2015 shortly after a Florida woman, Lastonia Leviston, won a $7 million verdict against him in Manhattan state court. 50 was accused of leaking Leviston’s (Rick Ross’ ex-girlfriend) explicit tape online during the height of his beef with Ross.
50 Cent had submitted a five year plan to finish off the debt so he still had about 4 more years to repay the amount
