Bankruptcy

50 Cent Issues Statement On Bankruptcy
Earlier today (July 13), news broke that 50 Cent has filed for bankruptcy in a Connecticut court. Just now, the rapper and actor's legal counsel issued a statement on the matter. It reads: Hartford, CT...July 13, 2015 – Attorneys for Curtis Jackson, a/k/a 50 Cent, today announced that their client has filed for relief under chapter 11 of the Bankruptcy Code...
50 Cent Files For Bankruptcy
In the last week or so, 50 Cent has hit two important milestones. First, on July 6, the rapper, actor and mogul at large celebrated his 40th birthday. Then, as absolutely no one strives to do, he was on the wrong side of a $5 million judgment in the case of the missing sex tape, where a woman who's mother to Rick Ross' child alleges 50 leaked a video of her having sex with another man...
Scott Storch Files for Bankruptcy
Scott Storch, once one of the highest-paid and most sought-after producers in hip-hop and pop music, has reportedly filed for bankruptcy. According to TMZ, Storch declared assets worth $3,600: a $3,000 watch, $500 in clothing and $100 cash...
DMX’s Bankruptcy Filing Is A Mess
DMX's bankruptcy claim has landed him back in the news again, with the rapper taking fire from the Justice Department via allegations that he is purposely delaying proceedings with inconstancies in his paperwork. DMX also apparently missed a meeting with creditors last month, another blow to his credibility in the eyes of the U...
DMX Is Down To His Last Fifty Dollars
DMX can't catch a break anymore. Days after going on the Dr. Phil Show—the episode of which has yet to air—to try and spin some headlines his way, new documents filed in his bankruptcy case that erupted at the end of July show his finances to be in more dire shape than imagined...