Just when you thought the long stemming feud between G Unit boss 50 Cent and his former signee, Young Buck, was over, 50 Cent says, ‘not so fast’. The rapper-turned-television executive is reportedly attempting to block Buck from completing his bankruptcy filing.
According to Young Buck, it was 50 Cent’s antics that forced him to file for Bankruptcy in the first place. He alleges that 50 wouldn’t let him out of his contract with G Unit Records. Therefore, he was unable to release any new material and earn money. Buck filed for bankruptcy in 2020. This would ultimately absolve him from paying 50 Cent the $250,000 he allegedly still owes him. 50 Cent has accused Buck of failing honor a recording contract he signed in 2014 by not delivering two new albums for G-Unit. According to AllHipHop, 50 Cent and his legal team have filed paperwork in an attempt to collect on that debt while claiming he’s hiding valuable assets.
50 Cent Attempts To Halt Bankruptcy Filing
The docs state, “By failing to disclose the Works and the Royalties, including without limitation at his meeting of creditors and in his petition and schedules, Defendant, with intent to hinder, delay, or defraud a creditor, creditors, and/or an officer of the estate, has transferred, removed, destroyed, mutilated, or concealed, or has permitted to be transferred, removed, destroyed, mutilated, or concealed his Property, within one year before the Petition Date, or property of the estate, after the Petition Date.”
Buck was also alleged to have been hiding ownership of a 2017 F-250 black truck. The rapper claimed the truck was wrecked, making it unrecoverable by the estate.
Also included in the docs it states, “By failing to disclose that he owned the Black Truck, including without limitation at his meeting of creditors and on his schedules, Defendant knowingly and fraudulently, in or on connection with the Bankruptcy Case, made a false oath or account.”
While visiting the It’s Tricky with Raquel Harper podcast, Young Buck stated, “[50 Cent] sent cease-and-desist [letters] out to try to stop all of my music and get everything pulled down based on saying I’m still an artist on G-Unit. What I did was once [50 Cent] stopped me from being able to make money, I filed another bankruptcy. And they stopped him from being able to cease-and-desist anything.”
One thing about 50 Cent, when you own him money, he will leave no stone unturned until you pay up!
