Rap Superstar 50 Cent Has Filed For Chapter 11 Bankruptcy Protection.
According to court documents lodged in the U.S. Bankruptcy in Hartford, Connecticut and obtained by the Wall Street Journal on Monday (13Jul15), the hip-hop star has filed under his real name, Curtis Jackson, and lists his debts as "primarily consumer".
The news comes two months after 50 Cent's boxing promotions company, SMS Promotions, also filed for "relief under chapter 11 of the Bankruptcy code", and just days after he was ordered to pay $5 million (£3.3 million) to a woman who sued him over a leaked sex tape.
Lastonia Leviston, who has a child with 50 Cent's rap rival Rick Ross, claimed the In Da Club hitmaker acquired a sex tape she made with her then-boyfriend and used it without her permission in a 2009 spoof video featuring his alter ego, Pimpin' Curly. He also provided commentary.
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