You Won’t Believe Which Former G-Unit Group Member Filed For Bankruptcy

Moody, AL–If you intend on filing for bankruptcy in Alabama or already have, it’s best that you don’t put all of your assets up for display via social media–at least until after the bankruptcy proceedings have ended. It appears one rapper, who once performed some years ago with 50 Cent in the group G-Unit, made that mistake.

Rapper Young Buck may have to forfeit assets amid bankruptcy proceedings.

Although Young Buck, whose real name is David Darnell Brown, filed for Chapter 7 bankruptcy back in January 2020, it appears his case is far from settled. Apparently, the rapper had owed money to his children’s mother and 50 Cent for failing to meet his contractual obligations, reports Complex (1).

After the trustee assigned to Buck’s case assessed his assets and debts, a payment arrangement was agreed upon. Buck was required to pay $515 per month until the “deal was finalized.” While it is unclear how luck Buck was expected to make these monthly payments, it appears new information may result in the rapper having to give up more.

Complex recently reported that Buck’s creditors had come across his social media accounts where they witnessed him showing off some rather valuable assets they believe may have been concealed. As a result, Buck may be required to liquidate the following assets in order to pay down more of the debt he owed: “gold teeth caps, gold chains, a Ford F-150, a Rolls-Royce, a motorcycle, and donations he received through CashApp.

A skilled Moody, Alabama bankruptcy lawyer can help you avoid costly mistakes.

When a person files for bankruptcy, they are generally required to give up some of their assets in order to pay down their debt. While there are certain types of assets in which the court considers to be “exempt,” a good portion of those they own shall be liquidated, allowing the proceeds to go toward unpaid balances.

Anytime a person files for bankruptcy, they are required to disclose all of the assets they possess ownership of. Failure to do so could lead to serious and costly consequences. If you’re considering filing for bankruptcy in Alabama, you can search for attorneys near me so that you can get connected with a Moody, AL bankruptcy lawyer who can help you avoid costly mistakes. The attorneys at Hill, Gossett, Kemp & Hufford, P.C. are among some of the most experienced and will be sure to guide you through the entire process, from start to finish.

Disclaimer: No representation is made that quality of legal services provided is greater than the quality of legal services provided by other attorneys.

Hill, Gossett, Kemp & Hufford, P.C. can be reached at:

Moody Office

2603 Moody Parkway, Suite 200

Moody, Alabama 35004

Phone: (205) 640-2000

Website: www.hwhlawgroup.com

Leeds Office

7900 Parkway Drive

Leeds, AL 35094

Phone: (205) 699-5500

Springville Office

6441 U.S. Highway 11