- The rapper is in court to gives reasons why he declared bankruptcy
- He is also to prove how a bankrupt person can have so much money after he displayed them on Instagram
- Lawyers of 50 Cent say despite his bankruptcy, he is working to clear all his debts
Rapper , “50 Cent” is has appeared in court to explain why he has declared bankruptcy.
This order from the court comes after the Rapper, posted pictures of himself surrounded by cash on Instagram.
The judge ordered 50 Cent to explain the photos that show him playing with huge sums of cash, saying the photos raise doubts about his actual need for bankruptcy .
The photos were presented in court by Lastonia Leviston’s lawyer. Lastonia won $7 million compensation after 50cent shared her sextape online but she’s not been able to collect that money because 50 Cent says he is broke.
At the hearing in Hartford, Connecticut, Judge Nevins said he is concerned about allegations of nondisclosure and a lack of transparency in the case. He added that there was a reason for having a bankruptcy process and ensuring it is transparent in order to inspire confidence in the process.
"The bankruptcy court is where “an honest but unfortunate debtor can come into court and seek relief’’. When that process becomes very public, the need for transparency, I believe, is even higher,” she told the rapper’s lawyer, James Berman.
Judge Nevins ordered the rapper to show up in court to make sure that all questions have been addressed in the next hearing.
50 Cent , known in private life as Curtis Jackson declared bankruptcy almost two years ago but his lawyers have assured that Mr. Jackson has been forthcoming and transparent with all creditors.