50 Cent To File For Personal Bankruptcy So He Doesn't Have To Pay Sex Tape Lawsuit?
- Thread starter LieutenantDan
- Start date
This chess not checkers.....
because i'm usually the first one to notice "news" about one of my favorite rappers. The coli is slow to post something unless it's negative.
they'll spin this as a win
The lawsuit is a L...but this is a win on the fact he has a mechanism to counter it.....
prophecypro
Hollywood North
Damn homie
Cloud Cloud
Pro
So 50 puts all his money into his companies so he wouldn't need to pay the 5mil? Breh doesn't give up without a fight
I'm not sure, but there has to be SOME draw back to this shyt? Has to....
It has to be some draw back to filing legal papers saying you're broke, putting all your money in businesses etc.
Not a financial expert so maybe someone can enlighten
Cloud Cloud
Pro
"he has" ..... Anyone in the world can do this bullshyt.
I'm sure every rich person who's ever been sued didn't just say "fukk it i'll file bankruptcy and put all my money in my corporations"...
There HAS to be some draw back... And this nikka aint got money like that.
Born2BKing
Veteran
Rich people file for bankruptcy all the time to protect themselves from certain things. Donald Trump has damn filed for bankruptcy before.
iliketurtles
Do Right And Kill Everything
Cloud Cloud
Pro
88m3
Fast Money & Foreign Objects
nah, man
he looks like a smuck
He should have settled with her out of court if anything.
Why are you speaking on something you dont know about?
There are reason the super-rich stay super rich...they have access to all the loop-holes that regular people don't know about
50 has lawyers and financial advisers....
Cloud Cloud
Pro
I'm not sure if when Donald did it it was business or personal bankruptcy (he has multiple corporations btw).
But I am sure when he did it it wasn't to avoid $5mil measley dollars.
Fif aint rich like that.