50 Cent Wants to Settle Bankruptcy with $23 Million Payout

50 Cent

50 Cent has submitted a new plan to resolve his bankruptcy case, which will end with him paying out $23 million.

According to TMZ, 50 and his lawyers have submitted their plan to a bankruptcy judge, and according to the docs, he hopes to pay out around $23 million to creditors over the next five years.

In the docs, he mentions settlement amounts with three specific creditors -- Sleek Audio, who he wants to settle with $17.3 million, SunTrust Bank for $4.9 million, and Lastonia Leviston -- who got a $7 million judgment her sex tape case -- for $6 million.

50 also says he will liquidate some assets to cover the debts.

As of press time, the plan will still need approval to move forward.

  • BK

    well damn

  • chocboywonder

    That doesn't add up...based on my calculations, that amounts to $28.2 million.............$17.3 + $4.9 + $6 = $23.3....am i missing something?