|50 cent bankruptcy.|
I really think 50cent is taking the mickey in this whole process,and he needs to be very careful,he can get himself in serious trouble.
TMZ reports that he has submitted a proposal through his lawyers which will need to be approved by bankruptcy Judge Ann Nevins.
Sleek Audio, 50's biggest creditor, would receive $17.3 million under the terms of the proposal.SunTrust Bank's in for about $4.9 mil. Meanwhile, Lastonia Leviston who got a $7 million judgment in the sex tape case -- has settled on $6 million.
In addition to the $23 million commitment, 50 says he's liquidating some assets to cover the debts.
This still has to be approved.