Rapper 50 Cent emerges from bankruptcy after paying off $22 million in debt...
Two years ago rapper 50 Cent filed for bankruptcy just one week after losing a $7 million defamation of character lawsuit for posting rival Rick Ross' baby mama's amateur sex tape on the internet [click here if you missed that].
At the time 50 claimed to have $36 million in debts with less than $20 million in assets.
After reaching an agreement to pay 74% of the debt, 50 slapped his bankruptcy lawyers with a $13 million malpractice lawsuit, which he won.
This week 50 Cent used the settlement from his lawsuit, plus $8 million of his personal money to pay off his bankruptcy obligations 4 years ahead of schedule.
50 is currently suing the lawyers who represented him in the sex tape case [click here if you missed that].
