A federal judge has finally discharged 50 Cent’s bankruptcy case after he paid more than $22 million.
Bankruptcy Judge Ann Nevins approved the discharge Thursday (Feb. 2) in Hartford, Connecticut.
50 filed for Chapter 11 reorganization in 2015, citing debts of $36 million and assets of less than $20 million.
Nevins approved a plan in July calling for 50 Cent, whose real name is Curtis Jackson III, to pay back about $23 million.
Jackson’s lawyers said Thursday that he paid off the five-year plan early with $8.7 million of his own money and $13.65 million he received in a recent settlement of a legal malpractice lawsuit against other attorneys.
Leave a Reply