Young Buck has been reportedly sued by the trustee managing over his bankruptcy filing. The G-Unit rapper is being accused of intentionally delaying his royalty statements to cheat the system.
Young Buck is in trouble
According to Radar Online, the trustees have already reached out to him and asked him to complete and hand in his ASCAP checks so they could make a final conclusion of his financial state. Back at the beginning of 2020, Young Buck (whose real name is David Darnell), filed for Chapter 13 bankruptcy.
The rapper told a Tennessee Court that he’s been having financial issues and has only made a low $4,450 a month…he also included the fact he had to take out $1,490 from various businesses for their bills.
During the filing, Young Buck revealed has assets totaling $5,761 which includes furniture for his home valued at $360, as well as $200 worth of clothes and jewelry. His total liabilities are $48,316.20, additionally, his greatest debt is his child support where he owes $45,766.20.
Blaming 50 Cent
This is where it gets interesting…despite being kicked out by 50 Cent’s posse, he noted in his court filing that the “Best Friend” rapper was one of his creditors. But now, a judge has appointed a trustee to supervise Young Buck’s finances and help him clear all debts to pay back all of the creditors he owes.
In order for this process to go smoothly, Young Buck needs to be supportive and share his royalties. The trustee has also just found out that the rapper has received a big check for about $35,000…yet he hasn’t reported it.
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