Bankruptcy

50 Cent may have just solved his bankruptcy woes.

Mr. "I Got Money," aka 50 Cent, has not sold his Connecticut mansion, contrary to recent reports.

Scott Storch’s career has been pretty turbulent. The producer watched his career crescendo in the early 2000s after he strung together a slew of hits for everyone from Justin Timberlake to Beyonce. Then, after he reached the apex, Storch crashed and burned into bankruptcy. Now, according to TMZ, Storch has successfully completed a course in financial management. […]

50 Cent left everyone gasping earlier today when news broke that he filed for chapter 11 bankruptcy. Following losing a lawsuit to Rick Ross’ baby…

Who saw this one coming? Rapper-entrepreneur 50 Cent filed for chapter 11 bankruptcy today (July 13). 50 Cent (real name Curtis Jackson III) filed the court papers in the U.S. Bankruptcy Court in Hartford, Conn., with debts ranging from $10-50 million, according to the Wall Street Journal. 50 was just ordered to pay $5 million to […]

Scott Spencer Storch is known for a plethora of hits that even we lost count a long time ago! Now, the veteran producer-hitmaker is reportedly broke and is now filing for bankruptcy… again. Storch has worked with artists like: Christina Aguilera, Justin Timberlake, Chris Brown, Lil Wayne, Pink and so many more — making him […]

Actor Mekhi Phifer recently filed for bankruptcy. He owes $1.2 million in back taxes, $50,000 in legal fees, and $4,500 in child support. According to TMZ, he spends $11,600 a month but only brings in $7,500. He was recently seen in the film, “Divergent,” and also had a recurring role on the shows “House of Lies,” […]

Singer Rihanna is known for making grand purchases, but back in 2009, Rihanna almost found herself in the middle of a bankruptcy case thanks to her ex-accountant. Rih Rih filed a lawsuit against the accountant for gross mismanagement and new legal documents reveal exactly how much money Rihanna lost due to the money manager’s terrible […]

Just when we thought rapper DMX was starting to get his stuff together, he takes a few missteps. After being arrested in South Carolina last week, DMX’s bankruptcy filing has been dismissed because of his noncompliance.   According to reports from The Journal News, DMX’s bankruptcy case was thrown out on Friday and makes his […]

  Just when we thought DMX was on the right track to getting himself together, this happens. DMX’s bankruptcy case may be in jeopardy because of X faulty financial records. In case you didn’t know, DMX filed for bankruptcy back in July claiming he has less than $50,000 in assets despite having a debt over […]

  Well, there’s good news for former G/-Unit soldier Young Buck, but bad news for his former crew. Young Buck’s bankruptcy case has ben settled. However, all of the money he owes G-Unit and 50 Cent will be written off. Back when everything was all good in G-Unit, 50 Cent lent Young Buck $300,000. Buck […]