50 Cent Bankruptcy Case Ends After Nearly One Year, Find Out What The Judge Ruled
After almost a year of dealing with a Connecticut court, 50 Cent's bankruptcy case just ended, and the rapper is obviously thrilled about it.
According to TMZ, he'll have to dole out $23 million to his creditors over a five-year period, which includes a $6 million payout to Rick Ross' ex Lastonia Leviston and $17 million to Sleek Audio.
If you've been following, then you know that 50's bankruptcy case has been quite the news story, because throughout the trial he seemingly tried to prove to people that he wasn't broke, despite filing for Chapter 11.
At one point, he posted Instagram photos showing off wads of cash almost weekly, and he did it so much that the judge in the case told him to knock it off.
After the trial, 50's lawyer said today was a good day for his client, because he can now start anew as far as his finances go.
"Mr. Jackson is pleased that the Bankruptcy Court approved his plan of reorganization today, less than one year after filing for Chapter 11 to reorganize his financial affairs," the lawyer explained. "Mr. Jackson appreciates the fresh start this process provides."