Friday, February 3, 2017

Rapper 50 Cent has ceased to be bankrupt – RBC

06:06

Rapper 50 Cent has ceased to be bankrupt,

the American rapper Curtis Jackson better known as 50 Cent, has ceased to be bankrupt, writes the Associated Press.

According to the edition, such decision was accepted court of the city of Hartford, Connecticut, after the musician paid more than $ 20 million.

the lawyer said the rapper, on Thursday, February 2, 50 Cent has repaid its debt, which is expected to pay within five years.

As said the defender, $ 8.7 million Jackson paid from its own funds, and another $ of 13.65 million musician made from compensation received in settlement of the case of unfair legal action by another process.

bankruptcy 50 Cent announced in 2015. Then the amount of their debts it estimated at $ 36 million while assets are less than $ 20 million In July of 2016, he was awarded with to pay about $ 23 million.

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