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50 Cent's Bankruptcy Case Is Over

By HHL Editors

After almost a year in court, 50 Cent has finally settled his bankruptcy.

The judge has signed off on a deal in which 50 Cent will pay Rick Ross's baby mama Lastonia Leviston $6 million of the $7 million he owed her for leaking her sex tape, and will pay Sleek Audio $17 of $18 million he owed them for stealing their headphone plans.

According to Billboard, 50 will pay $7.4 million upfront, and then make annual payment of $2 million over the next five years.  His lawyer indicated the other $6 million Fif owes "could be funded largely, if not entirely, from the sale of [his] Connecticut property. Otherwise, the Additional Cash Contribution will be funded by the Debtor’s business activities and related business entities."

The basic framework of the deal has been set for a few months, but the judge had been reluctant to approve it because she was concerned that Fif's IG flexing was making a mockery of the process.

50 -- who turned 41 today -- joked about the settlement on IG:

50 tmz
Posted In: News 50 Cent

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