50 Cent Files For Bankruptcy! - The Shade Room

50 Cent Files For Bankruptcy!


Things aren’t looking so good for 50Cent this week!

Just days ago we reported that 50 lost the lawsuit with Rick Ross baby mama Lastonia Leviston, and was order to cough up $5 million dollars for releasing the sex tape she was in.

Things went from bad to worse because thanks to the lawsuit, 50 was supposed to hand over his financial  records so the courts could calculate how much they would award Lastonia for punitive damages in addition to the 5 milli!

We guess 50 wasn’t tryna hand over all his info because he filed for bankruptcy instead! He supposedly has $10-50 million in assets and $10-50 million in liabilities. Chile that does not sound good!

This puts his creditors between a 1 and 49. We can’t forget that 50 was also sued last year by a headphone manufacturer that claimed he stole their design. He had to pay 16.1 million!

We hope he gets it together. What are your thoughts?  Let’s chat!
Sources Cited: Fox News

http://www.foxnews.com/entertainment/2015/07/13/50-cent-is-centsless-rapper-declares-bankruptcy/

TSR Staff: Chinny!! @Miss_ChinChin on IG!

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