American rapper, Curtis James Jackson III a.k.a 50 cent has filed for Chapter 11
bankruptcy in a Connecticut court today.
His declaration comes just days after the rapper was ordered to pay $5 million to Rick Ross’ ex-girlfriend for distributing a $ex tape involving her in 2009.
According to the document filed by his attorney, 50 lists between one and 49 creditors, with both assets and debts in the range of $10 million to $50 million.
Born Curtis Jackson, 50 was briefly the most popular rapper in the world, selling over 20 million copies of his first two albums between 2003 and 2005.
Culled From: nationalhelm.com
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