50 Cent Rejects Young Buck’s Debt-Repayment Plan

Former G-Unit member Young Buck’s money problems continue after lawyers for 50 Cent filed an objection to Buck’s debt-repayment plan in Nashville court on Monday [July 11] according to the Wall Street Journal.

After filing for bankruptcy in August 2010, Buck has been trying to create a plan to repay his creditors over the next five years. However, lawyers for 50 Cent object, claiming the plan does not show how Young Buck will actually raise enough revenue to repay debts.

Lawyers for 50, born Curtis Jackson, say that Buck “had trouble identifying where he had been on tour, who had booked his travel, how he had even gotten from one place to another,” which concerns them because it doesn’t show that “any creditor can truly rely upon these claims and projections by the debtor,” according to the WSJ.

Buck is still under contract with G-Unit since signing in 2004. Initially, Buck claimed he’d reject the recording agreement, but according to 50 Cent’s lawyers, if Buck should do so, the damages that occur as a result of this rejection should also be taken into the bankruptcy proceedings, and that amount is “believed to be not less than $10,000,000,” Curtis Jackson’s lawyers wrote.

50 Cent and Young Buck famously had a public falling out, with 50 eventually leaking embarrassing phone conversations between the two, leading to Buck’s departure from G-Unit. —Martin Spasov

  • Sha

    I’ll give 50 this…. Dude is ABSOLUTELY RUTHLESS!!! Pay attention cats. This is how you exert gorilla force over someone who has shown weakness. From a strategic standpoint this is absolutely admirable.

    On the flip side….

    50 is writing an Anti-bullying book for kids? Give me a break. This is the pure definition of bullying right here.

    But got to admire 50′s viciousness. He’s moving like the government on this one.

    • JOHN

      NEVER BITE DA HAND THAT FEED U

      • Ninja Boi

        i agree with u totally man , 50 Cent made Buck into what he is and then you wanna turn around and go against the person who made you rich and famous…..nahhhh ma that aint right

    • AVENGER XL

      This ain’t bullying it is business. Buck is your typical street dude who messed up his money as soon as he got it. Numerous ball players and entertainers share that spot with buck. He broke his contract and did not do what his boss said do this is a business even though rappers and labels play like they are families or gangs they are employees and bosses. 50 was the boss at g-unit like EM eats off 50 and Dre eats off EM while of course Jimmy ivine EATS the most off of all of them. Buck was low food chain and didn’t stack chips for rainy days the draw backs of that dumb ghetto ass mindstate(when keeping it real goes wrong)

    • Greg

      Yea he is so ruthless for suing someone lol.

  • Los Angelez Angelz

    10 Mil?Stick ya self Buck!

  • JOHN

    50 IS SMART FUCK BUCK IT IS WHAT IT IS BUSINESS IS BUSINESS ITS NOT PERSONAL

  • ripsta

    lol cmon 50, let the nigga eat

    • $yk

      He did let Buck eat…gave him entree money, not dollar menu money…

      hate to say this, but RIP Young Buck, the music career is over.

      • Realnigga

        had me crackin up with tha dollar menu line LMAO!!!!!

  • Fireforreal

    That’s what Buck gets. I know rappers spend waaaaaaay more than what they make because it was noted years ago that while actively part of G-unit for 04-07 he made about $5 mill so why do niggas continue to spend like there diddy and russell type moguls and there barley gold or plat. #1 kids pay your taxes right off the top. Fuck the jewelry and 5 fly ass cars. Spend money on a house you have a super low mortgage on. Get a regular Benz maybe escalade and invest the rest. Stop fucking yourself then calling rape.

  • GodAlmighty

    50, come on dude that’s another brother. You a rich nigga, let the nigga walk away with the little money he got. All you really doing is making them cracka ass lawyers that represent you rich. Think about it nigga, you from Southside. Act like it. Kicking niggas while they down is unproductive to the whole movement that YOU have been a part of. That movement is the Return of The Black Kings.

    • bebop

      I hear the others…but i agree with you. I also feel that Buck will not survive this. We’ve seen how 50′s been with other ‘brothern’ and it never ends well. I was never a fan…to begin with…but listen to his name…”Young Buck” – there it is.

      The whole thing sickens me because should Buck take his own life…50 will not show remorse outwardly…but his inside…his soul…growing colder and unGODly by he years…business oriented -YES. God-Conscious – NO.

  • realnigga

    damn 50 might actually kill buck physically SMDH……but this goes to show you dumb asses who think being a Artist is all about balling & fucking hoes…..at the end of the day this shit is a business……you get caught sleeping u get fucked Andy from Shawshank Redemption style LOL

  • http://facebook brandon

    I wish things would have worked out because between 03-07 i was a fan of the g-unit movement.Nut now all the music that comes from that camp sucks.I in any event respect 50,yu got to respect him,he’s playing chess.

  • Que Rollo

    Ruthless shit! Like homie said business is business. Buck fucked up. It is what it is.

  • http://www.justice.gov.za Ch*l*z

    Yeah!….things done change 4 worse.
    Dude used 2 play between Olivia’s thick thighs.

    Wore xpensive chains n possibly make it rain @ those strip clubs…….now he broke….typical black male life story.

  • Wu Clanman

    50′s a fuckin bitch………..

    • ATL

      go and suck a dick!

  • Bout Yee

    Up the Hoods

  • RapMusic

    “Never bite the hand that feeds you” is what 50 always has said.Well,50 didnt you almost starting to bite on Dr.Dres hand recently? Started dissing him and Jimmy on twitter and shit? I love 50s buisness move,but the nigga got double standards and is a sucka.Young Buck fucked himself up,hes done and will be broke for the rest of his life.Ouuchh.

    • pap3rchazer

      Dre n Em dont feed 50 anymore, fif was smart to start finding his own plate to eat off (his big money business ventures)

  • bryant smith

    yo 50! let the man be a man an straighten out his shit..im not sayin u should loose out…but stay out his way an his careeer…there are ways u can get urs and everythang can be a success…sell the contract..dont hold the mans career bak..jus get whats owed to u 50.

  • Nadine Morrison

    Fifty warms my heart – certainly setting the world on fire. His business acumen is brilliant. I am looking forward to the headphones and album in November. Nadine

  • http://detroitrap.com FRED

    MAN I FEEL BAD FOR BUCK BUT THEN I DONT I LOVE HIS FIRST ALBUM I STILL RIDE TO THAT SH$T AT TIMES BUT ITS ALL ON BUCK 50 TESTIN HIM SEE HOW STRONG HE IS 50 CAME FROM NOTHIN BUCK COULD TURN THIS AROUND HE JUST GOT TO GET FOCUSED ON GRIND PUT OUT A HOT HOT ALBUM AND OTHER GRINDS BUT 50 SMART I RESPECT HIM THIS RAP GAME EVERY RAP SHOW I GO TOO PEOPLE REALLY SHADY NO MATTER WHERE U GO U CANT TRUST NO ONE IN THIS INDUSTRY SO 50 GOT TO BE LIKE THAT ITS NO DIFFERANT THEN DRUG GAME ITS COLD OUT THERE U GOT TO HAVE BALLS BIG ONES TO MAKE IT AND STAY UP THERE WITH THE BIG DOGS

  • John

    Man this is truly sad after all that money he doesn’t even have a pot to piss in or a window to throw it out of . He should have a took some business lessons from 50 but naw he wanted to live that video life can’t do that if you have real life money. 50 keep on moving with it it’s hard to find loyal people these days. EVERYBODY STAY HUMBLE WHEN UR ON TOP THAT WAY U WILL STAY ON TOP

  • manibo

    bankruptsy dont mean broke. he;s most likely dealin with cash with all the shows that he’s doing. this is a lesson that if someone wants to sign you, then you have some barganing power. dont sign your life away. also, noone should legally be able to keep someone from eating. buck should have took his contract to court a long time ago. if you have a deal to put albums out, and that contract is not being upheld, then the contract is void. Let him out of his contract. Thats workers rights 101. His lawyers should be trying to get him out of his contract. Even with a contract, slavery is illigal. Buck, get on you lawyers to get you out of your contract. realease your own shit. sale 100,000 – 300,000. Back in business. in the meantime, get your label going. you got a following where if you on the album, at least 50,000 are gonna buy it. get at it.

  • Young Black

    FUCK ALL U YOUNG BUCK HATAZ DNT HATE ON MY NIGGA CUZ OF DIS SHIT ITS MORE TO IT DEN YALL BITCHES THINK ITS SUMTHIN 50 (DIS TO THA NIGGA WHO RIDE HIS NUTS) AINT TELLIN NOBODY