Young Buck Out Of Bankruptcy, Doesn't Have To Pay 50 Cent Back
Young Buck is about to emerge from bankruptcy, without having to pay any of his creditors back. That includes his old G-Unit buddy 50 Cent.
Rapper Young Buck is a new man ... he's about to emerge from bankruptcy with a clean slate ... but creditor/good friend 50 Cent doesn't even get 50 cents. Get this ... 50 had loaned Buck $300k, and there was an outstanding balance of $171,000. According to docs, obtained by TMZ, 50 will get zilch. Ditto G-Unit Records. It had it's hand out for $10 MILLION. Just like 50, G-Unit will end up with goose eggs. Someone got lucky. Of course, it's the lawyers, the bankruptcy trustee and Uncle Sam -- they'll split about $330k.
Buck is currently in the bing serving an 18-month sentence for weapons possession and is due out shortly.
Last year, the IRS auctioned off Buck's possessions, which netted a grand total of $53,000.
Somehow, Young Buck sort of won.