50 Cent's Lawyers File Objection To Young Buck's Debt Repayment Plan

The Wall Street Journal reports 50 Cent's lawyers won't make things easy for Young Buck when he heads to bankruptcy court next week.

Earlier this month, Young Buck and his legal team had to submit a debt repayment plan in anticipation of a June 19 bankruptcy hearing. The repayment plan is a standard document that many creditors require when a debtor decides to file for bankruptcy protection. The Wall Street Journal’s “Bankruptcy Beat” reports that 50 Cent’s legal team won’t be making things easy for the former G-Unit member.

“At a recent questioning over Young Buck’s financial affairs, 50 Cent’s lawyers said the rapper ‘had trouble identifying where he had been on tour, who had booked his travel, how he had even gotten from one place to another,’” Jaqueline Palank of the Journal reported. “This troubles creditors like 50 Cent, his lawyers wrote in court papers, because it raises the concern ‘as to whether any creditor can truly rely upon these claims and projections by the debtor.’”

The objection to Buck’s debt repayment plan was filed Monday, essentially argues that Buck has too many unanswered financial questions to put his plan into action. Another sticking point in the matter is if Buck would honor his commitment to 50’s G-Unit label. At press time, Buck was still contractually obligated to record under G-Unit Records. Previous documents stated that Buck would seek to reject the recording agreement. But more recent indications are that Buck would keep and/or modify the recording agreement, and for good reason.

“If the debtor defaults under the recording agreement, and/or rejects the recording agreement, G-Unit would maintain a claim for damages flowing to it as a result of the debtor’s failure to perform under the recording agreement in an amount believed to be not less than $10,000,000,” The Journal reports.

RELATED: Creditors Request That A Shield Of Bankruptcy Protecting Young Buck Be Lifted

93 Comments

  • Empire tucci

    This is exactly what deadpoolmak90s was touchin on that track gorrilamobsta featuring pretty da don young bucks soul belongs to that fuckin record lable now he cant make an honest doller like hes an illegal immigrant awman the price fame google deadpoolmak90s chichao records the leaders in antimasonic entertainment

  • Anonymous

    Buck a Real nigga he in my top 5 for sure he dont need this mainstream shyt all he needs is a releaase from that contract, i bet if he does hes ganna blow up man im serouis he has some raw talent n its jus going to waste ppl need to hear some real shyyt not this young money trash.....50 a snake man let him go this happend 4 years ago n its getting old..."GET EM BUCK"!!!!!!!!

    • Anonymous

      Lol hes real huh? Sorry but crying on the phone to ur old boss aint real at all..that shits gotta be written by buck himself lmao if iwas fifty id never let that contract up.

  • Nico 3

    Are you eating paint chips for dinner again?

  • Anonymous

    You focused on blocking my blessing,can't even catch your own.

  • Nico 3

    Anonymous - Who do you think bought all those G Unit fools their houses? The only thing worse than an enemy, is a former friend obsessed with using his money to keep you down and out. Nobody in their right mind would crawl back to their former boss and agree to record more albums for them already knowing they will never come out.

  • Anonymous

    fuck a hoe cent

  • papabearATL

    Real G's know that if cat crosses you, you can take him out and risk messing up your situation or you can destroy everything around him, execute relentlessly and eventually he'll take himself out. Death is to easy for the ones that betray you. Add the 48 Laws of Power and the Art of War to your reading lists. Revenge is so sweet!

  • Anonymous

    50 a bitch duno how u 50 stans dont see that? dude has no friends in the industry... ya'll talking bout dont bite the hand that feeds you.... 50 was tryin to fuk over dre with the headphone bs, dissin dre and jimmy.... dude a rat... going down in history as a RAT. aint makin no good music and hasnt for years, interscope know that.... banks still sucks... yayo is f*kin rubbish. buck and game murder them all.. game career gonna outlast all them

    • Jmon

      50 cent is worth 300million. I doubt he gives a fuck what you have to say about him. He had his time he was ontop for like 6 years now hes a boss sittin back and relaxing. and u can tel this fag ^^^^^ is from england. Who the fuck says rubbish. Go back to listening to tinnie tempah

    • anonymous

      For the last time, whatever people say about fif is not hurting his bottom line you will never have what he has ,so get off his nuts, get off the internet and go deal with your own sad existence hating ass losers !

    • DRock067

      yeah the game and Young Buck are just ruling the airwaves right now!!! retard.

  • anonymous

    To all the broke ass haters that wish they had fifs cash and are only calling him a snitch cause they are unsuccessful and bitter and wish they were in his position need shut the fuck up and blame the person they see in the mirror every day thats who got u where you are

    • D-Rok

      I am a millionaire so I have no reason to hate 50 nor want what he has but he was stupid to let Buck go no matter what happened, because Buck was a cash cow foe the label and after Game left to be honest Buck was the frontman for the label to compete with all the new labels

  • Anonymous

    their sposed to be bros and 50's just shittin on him...sad to see pleasure turn to bidness like that

  • Nico 3

    Fiddy, you've taken the man's house. His career. His pride. His friends. Basically everything, yet you still want to hold him to some bullshit contractual agreement made years after the fact? Buck may not be a financial wizard, but you can't expect a man to repay you millions when he simply doesn't have it.

    • Anonymous

      Buck may not be a financial wizard, but you can't expect a man to repay you millions when he simply doesn't have it. I can't believe you said that? You're misguided, that's all there is to it! All Buck really has to do is complete his contract on G Unit Records. In other words, instead of putting out dope mixtapes for FREE...hand those over to G-Unit Records, get your own manager & accountant, & things could turn around. But Buck refuses to hand in the required albums to fulfill his contract. 50 isn't creating new laws to suit his needs. His lawyers are using the pre-established laws that the crackers made to continually pimp their artists. Don't hate on the player, hate the game homie

    • Anonymous

      hey nico-dicko...STFU DAWG...you a straight-BUCK STAN..what has he done for you or more specifically...what has he done to you? IF you put someone on, allowed 10 mil to run through their hands, & the individual fucks all their money off, & on top of that...that same person talks SHIT about you on numerous songs, interviews, & to anyone, whether it be a bum or fan in earshot distance...what would you do? Turn the other cheek so that as soon as you let the lil' cocksucker off of the hook...that same dude will just start talking more shit about you...instead of pointing a finger at 50...how come you're not pointing a finger at the IRS for taking his house. Should the IRS turn the other cheek too? If mighty whitey ain't turning the other cheek...WHY SHOULD ANYONE ELSE...that's how you do business....you lil' cocksucker

    • Anonymous

      50 didnt take his house, that was the IRS, it happens when you dont pay your taxes... was that 50's responsibility???

  • truthhurts

    Name one black owned and operated label that didn't fuck over their artists...if you are coming up in the game, forget the stupid loyalties and go for the sound businesses.

    • Anonymous

      the real truth is that thw whole entire record industry as it has been set-up is a pimp & hoe system where all artists get pimped & they never really get what they deserve. This has been going on when artists like Little Richard would sign off their publishing for some fancy duds & a cadillac. This has been going on way before blacks were ever allowed to own their own record labels. So for you just to point out black-owned record labels is idiotic & ill-informed. Unfortunately, many if not all black labels are just following the precedent set many years ago by the non-black ppl who set up the rules to the record industry/record labels. It's just that black-owned record labels tend to be caught with their hands in the cookie jar more often because of the biased media & not throughly knowing the ins & outs of how to screw their artists, in comparison to their white record label-owned counterparts. Think about it, numbnut

  • YOUAJOKE

    BUCK GONNA BE SLEEPING ON THE STREETS AFTER 50 DONE WITH HIM LESSON 1 - NEVER BITE THE HAND THAT FEEDS YOU... BANKS WAITED AND HAD ONE OF THE HOTTEST SINGLES OF THE YEAR

  • lol

    Damn homie, in highschool you were the man homie. What the FUCK happened to you buck. Look at you now! foolish nigga.

  • Real Talk

    Some people are so focused on blocking the next nigga's blessings that they can't even catch their own.... "Young Buck"

  • Anonymous

    50 gave Buck a bullcrap contract and Buck out performed it and should have been given a better contract. 50 was stealing royalties and when Buck asked about it 50 blocked his radio play and shelved his album for 4 or 5 years and now he is suing Young Buck!!!!! AND DON'T SAY IT IS ABOUT 250K THAT BUCK OWES HIM BECAUSE IF HE UNBLOCKS THE RADIO PLAY AND TOOK HIS ALBUM OFF THE SHELF BUCK COULD HAVE PAYED ALL THAT BACK. Why doesn't 50 just restructure the contract if he is really so worried about getting his money back???????? THIS IS ALL PERSONAL, NOT BUSINESS!!!! 50 IS A SCORNED WOMEN LOOKING FOR REVENGE!!!

    • mayday

      puff and jay are smart, never lend people money. They kept it all business. 50 kept it personal, he treated buck like his lil brother, lend him thousands of dollars to what, help pay his taxes. what did buck did, talk/hanging out with 50's enemy and say fuck g-unit. so now it IS person!

    • Triune

      @Anonymous 50 gave Buck a bullshit contract why, because you saw it? STFU! Any artist that can make 10 mill off of two albums and 1 group project should be happy. The truth is, 50 took care of the original G-Unit to get stabbed in the back multiple times by his own people. Buck gets what he deserved. After I heard that phone call that 50 record

    • YOUAJOKE

      GET THE FUCK OUT OF HERE.... 50 MADE BUCK MILLIONS

  • Anonymous

    Did Puff sue Double R????? No!!!! Did Jay-Z sue Sigel or Dipset??? No!!! 50 is a fed boy. Plain and simple. Curly knows more police than Rozay.

    • Thabo

      50 is all abt money now he wants 2 get yours with this street king shit watchout. He's too damn good when it comes to making money.50 doesnt have friends.

    • mayday

      puff is smart, never lend people money, so was jay too. They kept it all business. 50 kept it personal, he treated buck like his lil brother, lend him thousands of dollars to what, help pay his taxes. what did buck did, talk/hanging out with 50's enemy and say fuck g-unit. so now it IS person!

  • Special Ed

    The sad thing in all this is that there are two rappers who are sitting doing nothing for two different reasons... 50's lost his touch, he's done... And Buck, who still has a lot of potential is being blocked from putting out that quality music we know he can put out... 50 needs to understand that the key to the resurrection of his G Unit Label is Young Buck... As long as he doesn't get that... Situation will stay the same or even deteriorate further into someone taking drastic measures, like reaching for that piece... This ain't a game fif'... I know you think it is, but someone's going to get pushed to the edge... and the result will not be so funny... You been shot before, I'm sure you liked it... Careful, click, click!! (Wu Tang)

    • Anonymous

      Lol i highly doubt has the slightest interest in bringin g unit back that shits broken beyond belief, not to mention buck and game are the biggest jokes in hiphop.

    • mayday

      nobody was buying buck's last cd, fuck you are talking about releasing more buck music either on radio or album, who the hell going to buy it? the 4,600 people who brought rehab? buck has less than 5k fans, nobody is fucking with his music like his first album. if you so called fans of his brought his last cd, he wouldn't be in this mess. *Well maybe broke later on in his career, due to over spending, when he makes less than what he purchase.

  • Anonymous

    Hawaii 5-0 has more collaborations with the feds than he has with other rappers. smh SNITCHES ALWAYS RUN TO THE POLICE!!! THIS FOOL EVEN SNITCHED ON TACO BELL.

  • Anonymous

    buck will always be remembered as the dumb backstabbing bitch ass broke nigga that he is.. that is if he is even remembered at all!! apart from his 17 fans i dont think any1 knows who this nigga is

    • Anonymous

      Co-Sign. LMAO @ some of those faggots calling 50 a bitch for that, like you wouldn't sue someone for your money, especially if he acts like Buck did.

  • Anonymous

    yall crying 50 is a bitch blah blah.. if u gave some1 that much money n not only that but took him out the ghetto n made him a famous rapstar then he turns around n says fuck u would u not want the nigga to rot?? also buck played himself he was lookin for his 2 minutes of fame when he was yellin fuck g-unit n he got it but now noone even remembers who this nigga is

    • Anonymous

      how does one out perform a contract?

    • Anonymous

      50 gave Buck a bullshit contract and Buck out performed it and should have been given a better contract. 50 was stealing royalties and when Buck asked about it 50 blocked his radio play and now he is suing Buck!!!!! AND DON'T SAY IT IS ABOUT 250K THAT BUCK OWES HIM BECAUSE IF HE UNBLOCKS THE RADIO PLAY AND TOOK HIS ALBUM OFF THE SHELF BUCK COULD HAVE PAYED ALL THAT BACK.

  • Anonymous

    hahaha yall are dumb internet thugs this is not called snitching.. snitching is when someone does something bad (a crime) n u tell on em for it... this has nothing to do with snitching

  • DX

    50 TOLD THE COURTS THAT HE WANTS THE POLICE TO FIND OUT WHO BUCK HAS BEEN HANGING AROUND. HOW IS THAT NOT SNITCHING????

  • DX

    50 is a bitch ass nigga!!!!

  • KILLA404

    YALL NEED 2 GET OFF 50 DICK. WHEN U GET ON HIS LEVEL U CAN SHIT ON HIM. OTHERWISE U R JUST ANOTHER HATER.

  • KILLA404

    DAMN BUCK KILL HIS OWN CAREER.

  • Anonymous

    yall a bunch of sooks how is this snitching!?!?! this has absolutely nothin to do with snitching

  • NYC

    50 IS SNITCHING TO THE FEDS AND SUING BUCK THROUGH THE FEDS!!!!!! I KNEW HE SNITCHED ON "PREME" AND JIMMMY HENCHMEN!!!!! 5-0 IS A RAT!!!!!!!!!!!!

  • NYC

    not trying to start anything but this how people get pushed over the edge and start killing. enough man im from new york we love young buck too bad he got to meet cats like 50cent.

  • Anonymous

    Why doesn't 50 just restructure the contract if he is really so worried about getting his money back???????? Fuck a hoe Cent snitching to the police!!!!!!! WALL STREET JOURNAL.............. At a recent questioning over Young Buck’s financial affairs, 50 Cent’s lawyers said the rapper “had trouble identifying where he had been on tour, who had booked his travel, how he had even gotten from one place to another.” This troubles creditors like 50 Cent, his lawyers wrote in court papers, because it raises the concern “as to whether any creditor can truly rely upon these claims and projections by the debtor.” THAT IS SNITCHING TO THE FEDS NO MATTER HOW YOU LOOK AT IT!!!!!!!!!!!!!!!!!!!

  • Anonymous

    Fuck a white or Jew record label!!!! 50 has just made himself worst than all of them. 50 gave Buck a bullshit contract and Buck out performed it and should have been given a better contract. 50 was stealing royalties and when Buck asked about it 50 blocked his radio play and now he is suing Buck!!!!! AND DON'T SAY IT IS ABOUT 250K THAT BUCK OWES HIM BECAUSE IF HE UNBLOCKS THE RADIO PLAY AND TOOK HIS ALBUM OFF THE SHELF BUCK COULD HAVE PAYED ALL THAT BACK.

  • REALHIPHOP1984

    Damn Buck look at wat sayin "Fuck G Unit" did to your career, that had to be one of the most ignorant stupid dumbest things Ive ever seen....U Fuckd up homie, know you aint never gonna have another hit in the music buisness, sad... Buck was Dope too

  • nas19144

    A lot of comments posted on this page is funny to me alot of the people lack the education to understand that this is a white collard business and not the streets nor your hoods. Just like fifty has a contract obligation with young buck this contract does not stop at fifty. young buck is a grown man caught up in the area of ballin and not knowing how to control his own finances. And at the end of the day even though fifty signed him young buck has a contract obligation with "interscope records" who is bigger then fifty and if he wanted to leave the gunit label he could have done what game has done and that's go under geffen records or another label within interscope ...but that opportunity has went, and game needs to invest his money into college and take up some business courses to make sure he does note repeat the same mistakes again. #payyourbills,man!!!

    • Anonymous

      game releases his album WHEN HE WANTS, HOW HE WANTS ^^^ then how come its keeps getting pushed back? wasnt is supposed to come out last year?

    • I SEE NOW

      The difference with Game and Buck is Game was never signed to G-unit he was on Interscope/Aftermath but Dre' was taking so long to put the album out that Jimmy Ivoine put Game and 50 together to get that album done. 50 can do what ever he want's to do with Buck, but if it were me I would let him out of the contract and charge 25 points on his next 10 albums with a 2.5 mil buyout clause there are people out there who would sign him. I'm just the type of dude to say fuck me, ok then I don't have nothing else to do with you.

    • illnaps

      @NAS19144,wat mistake has game made dat he hs to go to college n learn nt to repeat???? my nigga, 50 cent aint got shit on GAME. GAME releases his album wen HE WANTS,HOW HE WANTS..almost don 5 albums dis yr alone.wat d heck hs 50 dun to him n his career?d ans is simple...NOTHING..if u read d article clearly its 50 CENT'S LAWYERS who hv filed d suit on behalf of 50 CENT..wher does INTERSCOPE cum in? although interscope is in,its d bitter 50 whos sent his LAWYERS. read well

    • Jason Williams

      You hit the nail right into Young Bucks coffin Boss.

  • Anonymous

    I just don't understand how you can blow/ used to have 10mil n have nothin to show for it? I mean I heard some of his songs but like one or two are memorable and that's it? wheneva he gets his shit right, he shud learn how to invest in stuff. smfh so ironic, the idiots who rap bout the cars n clothes n hoes e.g 50 cent still got the dough n those who don't e.g buck don't have no dough

  • JOE6PACKNCGBOR336

    buck is fuck shouldve stayed down south homie with your kin folk

  • jesterdxxl

    Triune has a strong point you think your boss gonna letcha walk away when money is owed NO yea Fif is a millionaire but that's not the point Buck still owes 3 albums (has only offically dropped 2 on G Unit as a solo) you best believe Fif still makes money off Game (who does deliver) at the end of the fuckin day Buck fucked up (no hate) just the TRUTH look at others who have left the Unit e.g. Game he's good he got his head screwed on.

  • Triune

    Anyone here that is saying that 50 is wrong for not letting him eat is simply stupid!! 50 claims that he let buck borrow 200k on two separate occasions for back taxes owed, and also claims Buck made close to 10 mill while being at G-Unit. If you let your boy borrow 400k for taxes and he blew it on God knows what, it's fuck him and his situation. Ya'll need to stop acting like 50 never did nothing for this man and like he never gave him and opportunity because he did. He gave him the same opportunity that many of us are looking for. Buck just messed it up and now, there's no coming back.

    • I SEE NOW

      I agree with you Truine there has to be responcebility for your actions, but at what point do you say f...it and release the albums you have on the shelf for Buck or allow him to make money so he can repay that debt he owes you. 50 shuts down everything this man tries to do albums, collabos. You can't say that I owe 400-500 thousand dollars and not allow me a chance earn money to pay you back. It's really not even about the money to 50 he being spiteful and that's business.

    • mayday

      agree 100% with Triune

  • tru

    Someone should really kill 50 Cent. You stop anutha man from eating in a recession? Thats a death sentence in my hood. So 50 better stay with the gat, the vest, his entourage- but end of the day remember EVERYONE CAN BE TOUCHED. Im not a young buck fan, Im not a 50 hater- But its literally GAY to hold a grudge that long over an argument to where Buck cant even eat. Thats a BITCH MOVE. But 50 Cent aint too far from bankruptcy- his albums aint sellin, and when u sign Shorty Lo its all over. lol.

    • Anonymous

      50 cent aint too far from bankruptcy??? thats the funniest thing i heard all year 50 is smart with his money, he couldnt go broke if he tried

  • Los

    JG3 its called a fuckin contract... you sign into the situation willingly you take what comes wit it... fuck how you grew up, we are adults now... Im from the D I know how it works on the street level... and you cant cut me off cuz you mad if you owe me money there either...

  • JG3

    This has nothing to do with Young buck blowing HIS money. It was HIS to blow so why da fuck does anybody have anything to say about it? This has everything to do with an African American man holding another African American man down. The way I grew up, if you don't want to fuck with somebody for any reason, you cut them loose as a friend, associate, business partner, etc. You go your way and the person goes theirs. You niggas on here...and I mean "niggas"...glorifying 50 Cent for the fucked up shit he's doing.

    • Triune

      That's the problem, it wasn't Buck's money. According to 50 and Buck, it was borrowed money that was supposed to be used to pay back taxes.

    • fhgfhgfh

      so its okay for an African-American man to blow his money but its not okay for that same man to pay his debts, its not okay for that man to leave up to his side of the contract that is THE NUMBER ONE THING WRONG WUTH BLACK AMERICANS THEY DON't WANT TO TAKE RESPONSIBILITY FOR THEIR ACTIONS ALWAYS EXPECT SOMEONE ELSE TO BAIL THEM OUT

  • Isa Dalwai

    50 Cent din't do no wrong. He mentioned in many interviews that Buck's excessive spending habits would one day get him into trouble. 50 gives these other artists chances to shine and they trip on they own feet. *SMH*

  • Mr Flamboyant

    Country bumpkin bamma ass nigga... The hell you blow 10 million in 2 years and have nothing to show. I guess easily, huh... (shaking my head) Let's all sit and just boo this boo boo ass nigga Buck. You with me (nh)? BOOOOOOOOOO!!! BOOOOOOOOOO!! Thank you. Management

  • Anonymous

    50 should be a man and buy buck's kids their playstation back, just because this dude thought he was big meech and blew 10 million dollars in 2 year it doesnt mean his kids should get their sony playstation repoed

  • Mike Willz

    50 learned from puff and Jay. They are Paper Gangsters.

  • Los

    And ontop of all that... add in tour money, add in modeling money thru G unit clothes, add in features etc Buck thought he was Meech... cant believe niggas hate 50... the educational system has failed America in the last 20 years lol

  • LOS

    THE REAL STORY IS HE BLEW 10 MILL 50 gave a new artist w/ no buzz in the beginning 10$ mill hate his music not his business... he did right by buck... Buck played himself

  • FREE1WEED

    50 is a greedy snitch!!!

    • jhgjh

      i like to see you give a nigga 10 mil just so that same nigga could go on stage a few years later and scream out fuck you...STUPID NIGGA

  • Rick Ross the Bawse

    I'd expect nothing less from this monkey Curly. He basically a slavemaster not letting another black man eat. Fuck you 50. Nigga you just like them white record executives who fuck over artists and shit. This nigga 50 is a piece of SHIT! Bawse!!!!!!!!!!!!!!!!!!!!!

    • bilbo

      trick ross fake gangster fat ass needs to dust off his cop uniform stop fakin like he is real shut the fuck up and not comment on anything

    • RichFromNY

      before you go saying "hite record executives" see Sean Combs, Andre Harrell, Russell Simons, LA Reid, Master P, Berry Gordy, the list goes on...Race comments/arguments in the wrong place represents a simple mind...

  • Anonymous

    i bet buck regrets the shit he said to 50 every single day of his life

  • fu

    Dam dam dam. Buck jus go bakk do an album or 2 50 ain't gonna let up but if u don't have the $ den he. Can't charge u fa nothing b cuz u don't.

  • Anonymous

    i think he's gonna crawl back to fifty and end the beef. The big square is Game, who should that he would support buck.

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