Logo

50 Cent Submits $23 Million Payment Plan To Get Out Of Bankruptcy

Posted on April 12th, 2016
by
Staff Editor

50 cent

50 Cent’s bankruptcy woes are seemingly coming to an end.

According to a recent report from TMZ, 50 and his lawyers have submitted a $23 million payment plan, over the course of the next 5 years, to pay off debts owed to Sleek Audio and SunTrust Bank. $17.3 million will go to Sleek, while $4.9 million will go to SunTrust. 50 and Lastonia Leviston, Rick Ross’ baby mother who sued 50 last year, have also agreed on a settlement of $6 million.

As far as the $23 million plan is concerned, that still needs to be approved by a judge. However, there’s clearly progress after the rather stubborn 50 has agreed to pay this much. The question is, will it be enough?

Stay tuned for more details.

Comments are closed.