HipHopWired Featured Video

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.

Reports TMZ:

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.

Photo: NBC