Young Buck’s name is often associated with legal issues and controversies. Buck recently blamed 50 Cent for driving him into bankruptcy. Buck is now being hauled into court on suspicion of concealing additional assets, including a Rolls-Royce and his gold teeth.
The trustees in his bankruptcy case are bringing the rapper in front of a judge next month, according to court documents obtained by AllHipHop. Young Buck’s trustees believe he may be concealing assets that must be disclosed in order to satisfy his various creditors. Young Buck filed for Chapter 7 bankruptcy for the second time in January of 2020.
He filed to get out of his record deal with G-Unit, which was one of the reasons he filed. 50 Cent, on the other hand, is one of Young Buck’s creditors. 50 claims Young Buck owes him $250,000 for a loan, in addition to a few albums he never delivered to G-Unit Records. The trustee in the case claimed that Young Buck was concealing hundreds of thousands of dollars in revenue from his publishing company during the bankruptcy proceedings.
The rapper eventually reached an agreement with the trustee, agreeing to pay $515 per month until a formal agreement could be reached. Unfortunately for Young Buck, the trustee in the case still believes he has valuable assets that can be used to pay off his creditors, which include 50 Cent, the IRS, and his children’s mother.
The rap star from Nashville, Tennessee, will have to testify under oath, owing to posts on his social media accounts. By April 29th, Young Buck must provide ownership documents for some expensive items he has been flossing. Gold teeth caps, his “615 Cashville Records” gold and diamond necklace, various gold chains, a Rolls-Royce, a Ford F-150 black truck, a motorcycle, and even the donations he solicited via Cash App are among the items he has.
Young Buck will be questioned by the trustee on May 6th, 2022, at 9:30 a.m. To get the latest updates, keep an eye on Thirsty.
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