50 CENT NOT BANK­RUPT ANY­MORE

Hindustan Times (Patna) - Live - - Front Page - IANS

Amer­i­can rap­per 50 Cent (right) has re­port­edly been dis­charged from bank­ruptcy af­ter pay­ing off a $22 (`147 crores) mil­lion debt. He is in the clear af­ter he re­paid his debts with $8.7 (`58 crore) mil­lion of his own cash and a $13.65 mil­lion mal­prac­tice set­tle­ment with his for­mer lawyers.

The Get Rich or Die Tryin’ hit­maker filed for bank­ruptcy in Con­necti­cut fed­eral court in July 2015. This was shortly af­ter a Florida woman named Las­to­nia Le­vis­ton won a $7 mil­lion ver­dict against him in Man­hat­tan state court. He listed $36 mil­lion in debts and un­der $20 mil­lion as­sets. The rap­per, whose le­gal name is Cur­tis Jack­son, drew crit­i­cism from the bank­ruptcy judge for post­ing so­cial me­dia photos of cash.

Jack­son still had over four years to re­pay the debts un­der a court-ap­proved bank­ruptcy plan. The dis­charge ap­proval says Jack­son still owes un­spec­i­fied amounts to Bent­ley, SunTrust Mort­gage and $50,000 to two women who were in­jured at his con­cert.

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