50 Cent and Young Buck have been involved in a messy dispute over money for several years. Buck claims 50 forced him into bankruptcy by blocking his legal right to release new music. Fif claims Young Buck never delivered on a recording contract and owes him $250,000.
To attempt to stop that debt from being discharged in bankruptcy court, 50 Cent has lawyered up. He claims he paid Young Buck upwards of $250 grand for a record deal in 2014. Young Buck never delivered the two new G-Unit albums agreed to in the contract.
Now, 50 Cent is attempting to block Young Buck from completing his bankruptcy filing. Buck is attempting to have all of his debts discharged. 50 Cent believes he failed to disclose assets that were material to whether or not that bankruptcy was approved, according to AllHipHop.
“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.”
In other words, 50 Cent believes Young Buck committed fraud by not disclosing several valuable assets and royalty payments he has accumulated. That includes a 2017 Ford F-250 truck. Young Buck says the truck has been wrecked and is now worthless.
If the court sides with 50 Cent, Young Buck will be forced to pay certain debts. If it is shown that he has adequate assets on hand, Buck would face further legal pressure from 50 Cent’s team to pay up. Time will tell what the courts decide.
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