50 Cent Bankruptcy Plan Approved by Judge
50 Cent’s bankruptcy woes are almost over.
The G-Unit mogul’s case has been closed thanks to a deal signed off by his bankruptcy judge, as per TMZ. However, he’s still got a price to pay.
Over the next five years, 50’s due to pay $23 million to creditors, $17 million to Sleek Audio, and $6 million to Lastonia Leviston, who has a child with Rick Ross.
Fif’s lawyer celebrated the news with a statement to TMZ. “Mr. Jackson is pleased that the Bankruptcy Court approved his plan of reorganization today, less than one year after filing for chapter 11 to reorganize his financial affairs,” he said. “Mr. Jackson appreciates the fresh start this process provides.”
50 immediately took to Instagram for a comment on the case. “😆oh now I remember where I put that Money. LMAO,” he joked.