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50 Cent (aka Curtis Jackson) Files for Bankruptcy

50 Cent (aka Curtis Jackson) Files for Bankruptcy

50 Cent (whose real name is Curtis Jackson) has filed for chapter 11 bankruptcy, just days after he was ordered to pay $5 million in a lawsuit that he lost.

The court documents that were filed reveal that the 40-year-old rapper’s debts are primarily consumer debts and that he has assets and liabilities ranging from $10 million to $50 million, according to the Wall Street Journal.

PHOTOS: Check out the latest pics of 50 Cent

Last week, 50 was ordered to pay $5 million to a woman who says he leaked her sex tape online. The video featured Lastonia Leviston, who was once in a relationship with his rap rival Rick Ross, though he wasn’t in the video. In the video that 50 posted online, he provided commentary while playing a character named Pimpin’ Curly.

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