Bankrupt Where?: 50 Cent’s bankruptcy DEADED after rapper pays millions to debtors

BYE BYE BANKRUPTCY…
50 Cent is presumably somewhere hitting the illest praise dance right now… as his bankruptcy case has finally been put to bed.
LOOK AT GOD…

After months on months on months of contentious court hearings and constant cookings from cyber comedians, the 41-year-old “Piggy Bank,” rhymer– who filed for Chapter 11 bankruptcy after being ordered to pay Rick Ross’ baby mama $7 million for leaking her sex tape in 2015– cracked open his safe and coughed up $22 million in order to completely payoff his creditors once and for all…

 

50 Cent
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According to reports, Fif’s lawyers claim he paid $8.7 million of his outstanding debt out of his own pocket while covering the $13.65 million balance with a majority of the $14.5 million he was granted in a malpractice settlement that he recently won against other attorneys– a case that involved his Sleek Audio headphones company…
BUT HE WAS OBLIGATED TO DO SO BECAUSE…
Under the terms of the $23 million bankruptcy settlement the G-Unit top dog entered into in July, any moneys he received from the lawsuit HADDDD to go towards satisfying the bankruptcy settlement.
&&& THAT’S THAT…

 

As previously reported on Cheekywiki, 50 is gunning to collect $32 MILLION from law firm Reed Smith and attorney Peter Raymond, for their unsatisfactory representation of him in his case against Rozay’s BM..
GOOD LUCK WITH THAT…
THOUGHTS?

By : Asia Grace

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Twitter: @Cheekywiki

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