50 Cent challenges Young Buck’s bankruptcy claim as legal dispute continues
The legal dispute between 50 Cent and Young Buck continues as 50 claims Buck posted work that was in breach of his contract before and after he filed for bankruptcy in January 2020.
According to legal documents obtained by AllHipHop, 50’s legal team claims Buck failed to fulfill the terms of his 2014 contract for which 50 paid him $250,000. 50, who claims he is owed two Buck albums, wants the money back and also accuses the rapper of not disclosing royalties he received from music he released.
50 requests that the money he claims is owed to him not be released in Buck’s bankruptcy filing. He wants these debts to be declared non-dischargeable and is seeking “further relief as he deems just and appropriate”.
“By failing to disclose the works and royalties, including without limitation at its meeting of creditors and in its petition and attachments, defendant, intending to obstruct, delay or defraud a creditor, creditors and/or estate agent, has transferred, removed, destroyed, mutilated or concealed, or allowed to be transferred, removed, destroyed, mutilated or concealed his property, within one year preceding the date of the petition, or estate assets, after the date of the petition,” 50 Cent’s legal team said in a statement.
Going further, 50 also claims that Buck did not disclose the ownership of his black 2017 F-250 truck and also ties it to the bankruptcy filing.
“By failing to disclose that he owned the black truck, including, without limitation, at his meeting of creditors and on his schedules, the defendant knowingly and fraudulently, in or in connection with the bankruptcy case , made a false oath or false account,” 50 Cent’s attorneys added.
Buck has since claimed the vehicle was destroyed.
This all plays into the fact that the former G-Unit rapper already has to possibly confiscate jewelry and other valuables to pay off creditors, including gold tooth caps, gold chains, his gold chain. and 615 Cashville Records diamonds, a Rolls-Royce, a motorcycle, and the CashApp donations he received.