50 Cent Files For Bankruptcy !

Description:The 40-year-old rapper filed for Chapter 11 bankruptcy earlier today following a sex tape lawsuit that cost him a pretty large chunk of money. A jury recently awarded Lavonia Leviston a $5 million win after they determined the hip-hop star leaked a sex tape of her and another man. Following 50's loss in court, he's filed papers to the U.S. Bankrupt..(more)

The 40-year-old rapper filed for Chapter 11 bankruptcy earlier today following a sex tape lawsuit that cost him a pretty large chunk of money. A jury recently awarded Lavonia Leviston a $5 million win after they determined the hip-hop star leaked a sex tape of her and another man. Following 50's loss in court, he's filed papers to the U.S. Bankruptcy Court in Connecticut. According to legal docs obtained by E! News, 50, real name Curtis Jackson, says his assets are valued between $10 million and $50 million but his liabilities are also between the same range. Posted By Abdul

Category:Entertainment

Added:1 year ago

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