50 Cent To File For Personal Bankruptcy So He Doesn't Have To Pay Sex Tape Lawsuit?

[Juven]

Is he really filing because of the sex tape though??...I heard he had some major losses.....oh and Floyd won....

....

nah floyd lost too
http://sports.espn.go.com/sports/boxing/news/story?id=4304657

oscar de lay hoya had to bail him out

 

[Silver Surfer]

I don't know the details of cake nutrition, but I know you can't gain 40 pounds by eating one slice.

I don't know the details of cocaine laws, but I know you can't get the death penalty for getting caught with an ounce.


Shall I go on? Kill yaself fukk nikka you stooooopid

Because I'm smart enough to know that if all you have to do to avoid a lawsuit is take your money in put it in a corporation with *0 draw backs*, then NO RICH PERSON IN THE HISTORY OF THE WORLD would have paid a lawsuit. (and from there, the rules would be changed)

I don't know details, I don't care that I don't know details, but I am smart enough to know that.


Now sit your clown ass down.

 

[West Coast Avenger]

nah floyd lost too
http://sports.espn.go.com/sports/boxing/news/story?id=4304657

oscar de lay hoya had to bail him out

nikka...what year is this from???.......

 

[Cloud Cloud]

People are confusing what 50spent is doing with what Trump does...

Trump files chapter 11 bankruptcy on his businesses...this allows the business to keep running. This is like someone telling you "I don't have the money right now but I got goods to sale and employees to sell them so lets structure out some sort of payment for what I owe you while my business keeps running and bringing in money."

50spent filed for PERSONAL BANKRUPTCY...though it doesn't say if it is chapter 7, 11, 13...

At any rate, if you got money like 50spent say he got money then it is pretty fukking dumb to put your personal credit at risk to avoid paying 5 million dollars...

He's pretty much painted himself into a corner where if ANYTHING happens to his businesses he is pretty fukked financially...

Things like buying a house or a car...yeah you need good PERSONAL credit for that...and surely we know what filing personal bankruptcy does to personal credit...

People kill me with all this "he got financial advisers he got lawyers" talk

Every financial adviser isn't good...

Every lawyer isn't good...

Their actually two-thirds of the group of people who caused the financial crisis of 2008...

The fact that he could have easily settled out of court let's me know his legal team isn't as strong as needs to be...

50spent better get another producing credit on power to get his money up...

Even funnier filing bankruptcy doesn't mean he still won't owe this woman...bankruptcy doesn't cover something you owe in restitution...

So if she got a decent lawyer he can seek restitution instead of compensation...meaning 50spent could still be on the hook for 5 million...

Never understood why people seek compensation instead of restitution in lawsuits anyway...but that is another thread for another time...

Only way this nikka won't have to pay this woman is if he want to go back and live in his grandma house.


He can't just STOP making money.... #frigo... #effenVodka....

Even though I know these lil petty deals aint shyt, whatever cut he would be getting going to go to the bytch, unless he ready to go back to Jamaica ave.


50's fans fukkin retarded. Glad most ppl here got good sense

 

[duckbutta]

Only way this nikka won't have to pay this woman is if he want to go back and live in his grandma house.


He can't just STOP making money.... #frigo... #effenVodka....

Even though I know these lil petty deals aint shyt, whatever cut he would be getting going to go to the bytch, unless he ready to go back to Jamaica ave.


50's fans fukkin retarded. Glad most ppl here got good sense

Yeah I can't imagine a millionaire risking personal credit over 5 million...

That's literally throwing away a credit card and paying everything in cash...

Which...according to 50...is tied up in his businesses so...

I can only assume he read the email his lawyer sent him incorrectly

 

[Juven]

nikka...what year is this from???.......

he lost at one point. Give 50 some time

 

[JayGatsby]

he filled for chapter 11

 

[OnlyInCalifornia]

HAHA Just like I said in the other thread....fukking delusional and dumb Curly stans have to go into 360 Bill O'Reilly spin zone to try to keep ANYTHING from looking bad.

Anyone else does this, like say Rick Ross, and hes BROKE. 50 Cent does it and it's a smart business move

Talking about hes making money from Effen Vodka, who the fukk is drinking? You won't even catch people in Ireland getting drunk off that and hes big there.

 

[MVike28]

This nikka Chris Rock man

 

[#StarkSet]

Dangerous situation to be in, so he doesn't have cash on hand but all his money is tied up in investments? While he still is wealthy it's easy for his investments to tank as well.

I would imagine a lot of the money he put into his businesses is liquid

 

[The God Poster]

This fakit @Da King creating aliases to attack a black man how pathetic

 

[DonKnock]

HAHA Just like I said in the other thread....fukking delusional and dumb Curly stans have to go into 360 Bill O'Reilly spin zone to try to keep ANYTHING from looking bad.

Anyone else does this, like say Rick Ross, and hes BROKE. 50 Cent does it and it's a smart business move

Talking about hes making money from Effen Vodka, who the fukk is drinking? You won't even catch people in Ireland getting drunk off that and hes big there.

You have a good point here, when Ross used his mansion for collateral, people were already writing him off

Coli logic...

 

[backbreaker65]

People are confusing what 50spent is doing with what Trump does...

Trump files chapter 11 bankruptcy on his businesses...this allows the business to keep running. This is like someone telling you "I don't have the money right now but I got goods to sale and employees to sell them so lets structure out some sort of payment for what I owe you while my business keeps running and bringing in money."

50spent filed for PERSONAL BANKRUPTCY...though it doesn't say if it is chapter 7, 11, 13...

At any rate, if you got money like 50spent say he got money then it is pretty fukking dumb to put your personal credit at risk to avoid paying 5 million dollars...

He's pretty much painted himself into a corner where if ANYTHING happens to his businesses he is pretty fukked financially...

Things like buying a house or a car...yeah you need good PERSONAL credit for that...and surely we know what filing personal bankruptcy does to personal credit...

People kill me with all this "he got financial advisers he got lawyers" talk

Every financial adviser isn't good...

Every lawyer isn't good...

Their actually two-thirds of the group of people who caused the financial crisis of 2008...

The fact that he could have easily settled out of court let's me know his legal team isn't as strong as needs to be...

50spent better get another producing credit on power to get his money up...

Even funnier filing bankruptcy doesn't mean he still won't owe this woman...bankruptcy doesn't cover something you owe in restitution...

So if she got a decent lawyer he can seek restitution instead of compensation...meaning 50spent could still be on the hook for 5 million...

Never understood why people seek compensation instead of restitution in lawsuits anyway...but that is another thread for another time...

Can you site me some case law that would lend credence to all those facts you just wrote up? Some precedence or ruling? When I look at the filing I see stall tactic, I see trying to protect himself from the punitive phase of the judgement. The judge wanted to see his last 5 years of irs filings to determine punitive damages because her lawyer was asking for 10mil. But you're the expert.

 

[Cloud Cloud]

Yeah I can't imagine a millionaire risking personal credit over 5 million...

That's literally throwing away a credit card and paying everything in cash...

Which...according to 50...is tied up in his businesses so...

I can only assume he rid the email his lawyer sent him incorrectly

It's real interesting to see where this is gonna go. There's no way he can run from the payments.


He got houses all over the U.S., Cars, jewelry.... But filing bankruptcy?


Are his houses in his business name too? Is he just gon sell them and pay off debt to avoid paying this bytch?


As said, I don't know details... But this nikka gon get caught up. Watching the video, it's pretty ridiculous, especially to a white / woman jury.


You talkin shyt bout the woman, saying she "gonna be a porn star now" and all this shyt... It's actually one of the easiest lawsuits someone has ever created for themselves, that I can remember... Which is why I could see this nikka ending up broke.


He actually blurred DUDE face out in the video but left the woman face uncovered


Just blatant, blatant attempt to shame and assasinate her.


He's not going to get away with it... If he appeals forever that's more lawyer money... It'd be wise of him to just give the shyt up and take the loss

 

[SpacelySprockets]

HAHA Just like I said in the other thread....fukking delusional and dumb Curly stans have to go into 360 Bill O'Reilly spin zone to try to keep ANYTHING from looking bad.

Anyone else does this, like say Rick Ross, and hes BROKE. 50 Cent does it and it's a smart business move

Talking about hes making money from Effen Vodka, who the fukk is drinking? You won't even catch people in Ireland getting drunk off that and hes big there.

stans and trolling aside, u actually think hes broke?