Young Buck Bucks Back At 50 Cent & Files For Bankruptcy To Dodge Debt
As he arrives home from a four-month stint in jail (for back child support), Young Buck is bucking back at 50 Cent as he files for another bankruptcy — this time for what appears to be a resolution to dodge any debt his former G-Unit boss claims he owes.
Per All Hip Hop, the Nashville-bred rapper filed paperwork for a Chapter 13 bankruptcy in January , which looks to be a ploy to get out of his contract and dismiss any debts owed to Fif and G-Unit. In it, he lists his main creditors as the mothers of his six children, the Georgia Department of Human Services, and the IRS, which claims he owes $415,892.04 for tax years 2014 through 2019.
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Additionally, in a recent Instagram live with Three 6 Mafia founder and member DJ Paul, Buck explains further. “I went in that motherf*cker and got my mind right, so I was able to walk up out that motherf*cker not just free from that bullsh*t, but free from being able not to work. Now I can get to work, you get what I’m saying? That’s all I ever wanted to do in regards to whatever, dealing with the contract and sh*t with dude over there.” He adds, “I know I don’t owe ni**a but even me at a point of time, Paul, I got to the place where I was like, you know what, I just want to get the work f*ck it, I’ll pay him. So I even got to a point where I even tried to pay the ni**a.” But, Buck says 50 wouldn’t accept and kept adding to his debt.
Buck claims he tried to offer 50 $150,000 upfront and another $150,000 thirty days later, but he only kept adding to the debt. Buck says, “He come back in and $50,000 known and say you want me to sign over my whole catalog? I own all my sh*t. And I’m the only ni**a that ever recouped in G-Unit history. I don’t owe Interscope or G-Unit a quarter.”
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He continues, “When I was in jail I put my pride to the side f*ck that, I done filed bankruptcy before in my career, I’d do it again. To be honest, I didn’t file bankruptcy technically to get out the contract, I filed bankruptcy like, ‘look, if I owe you ni**a, show me where I owe you.’ Show me where you claim you gave me $350 or $250 or whatever. I knew it wouldn’t happen because I knew what it was, the fans and people don’t. Now, I get a chance to do what I’ve always been trying to do from the beginning and that’s just make good music.”