Wednesday, July 11, 2012

Young Buck's Assets Go Up For Sale

Young Buck's assets have official gone up for auction. An auction will be held in Nashville with a preview of the rapper's goods scheduled for July 25th. Among the items to go up for sale, including Buck's recording equipment, awards and jewelry.
The rapper's bankrupcy was converted from Chapter 11 to Chapter 7 in December, with Buck's estate trustee revealing that she planned to sell the trademarked "Young Buck" name along with other assets seized for non-payment. Creditors submitted claims totaling $11.5 million, including $10 million that 50 Cent's G-Unit Records said they were owed.

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