 Young Buck's long-struggle to free himself from the grip of 50 Cent continues.
The former G-Unit rapper hit a wall in bankruptcy court this week, when 50 Cent rejected a five-year debt payment plan submitted on Monday (July 11), reports the Wall Street Journal.
50's attorneys asked how Buck would successfully manage his business affairs to make enough money to pay off debts as laid out in the proposed plan.
They argued that the rapper "had trouble identifying where he had been on tour, who had booked his travel, how he had even gotten from one place to another," which raising concerns from creditors like 50 Cent, "as to whether any creditor can truly rely upon these claims and projections by the debtor."
One other topic on the table is of Buck's contract with 50 Cent and his G-Unit record label, which he signed back in 2004 ... and is currently obligated to.
Buck previously said he wanted to terminate the recording agreement, but has changed tunes. He now says he'd like to honor the contract, but wants it modified. 50's lawyers say that if Buck does reject their agreement, he would owe quite a bit more to Fif.
"If the debtor defaults under the recording agreement, and/or rejects the recording agreement, G-Unit would maintain a claim for damages flowing to it as a result of the debtor's failure to perform under the recording agreement in an amount believed to be not less than $10,000,000," 50's lawyers argued.
For now, it seems Buck's financial issues will continue.
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