Young Buck Sued By Bankruptcy Trustee For Not Handing Over Royalties: Report

BY Erika Marie 3.9K Views
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Young Buck, Bankruptcy
Buck reportedly filed for bankruptcy in January 2020 but refuses to give the trustee his ASCAP checks.

A bankruptcy trustee has reportedly ignited a legal battle with Young Buck. The Tennessee native is no stranger to having trouble with the law as he was arrested in both 2019, but his recent set of worries come from allegations that he's refusing to turn over his royalties to settle debts. Just prior to the pandemic causing the world to undergo a global quarantine, Buck reportedly filed for Chapter 13 bankruptcy in January 2020. In documents, the rapper reportedly told the court that he made $4,450 per month while his monthly bills were $1,490.

According to Radar Online, Buck listed his "assets totaling $5,761 with liabilities totaling $48,316.20." It appears that the rapper reportedly owes over $45K in back child support, in addition to $1,250 "in taxes and other debts."

At the time, it is reported that Buck also stated in documents that he didn't have a vehicle and was using his girlfriend's car. A trustee was appointed to make sense of Buck's debts in order to help him get back on track, but the trustee now alleges that the rapper is making money from his ASCAP checks but refuses to use them in his bankruptcy. It is reported that those royalties are approximately $35K.

To add insult to injury, documents reportedly state that 50 Cent, Buck's former friend and longtime foe, may be one of his creditors. Young Buck has yet to respond to the lawsuit.

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About The Author
Since 2019, Erika Marie has worked as a journalist for HotNewHipHop, covering music, film, television, art, fashion, politics, and all things regarding entertainment. With 20 years in the industry under her belt, Erika Marie moved from a writer on the graveyard shift at HNHH to becoming a Features Editor, highlighting long-form content and interviews with some of Hip Hop’s biggest stars. She has had the pleasure of sitting down with artists and personalities like DJ Jazzy Jeff, Salt ’N Pepa, Nick Cannon, Rah Digga, Rakim, Rapsody, Ari Lennox, Jacquees, Roxanne Shante, Yo-Yo, Sean Paul, Raven Symoné, Queen Naija, Ryan Destiny, DreamDoll, DaniLeigh, Sean Kingston, Reginae Carter, Jason Lee, Kamaiyah, Rome Flynn, Zonnique, Fantasia, and Just Blaze—just to name a few. In addition to one-on-one chats with influential public figures, Erika Marie also covers content connected to the culture. She’s attended and covered the BET Awards as well as private listening parties, the Rolling Loud festival, and other events that emphasize established and rising talents. Detroit-born and Long Beach (CA)-raised, Erika Marie has eclectic music taste that often helps direct the interests she focuses on here at HNHH. She finds it necessary to report on cultural conversations with respect and honor those on the mic and the hardworking teams that help get them there. Moreover, as an advocate for women, Erika Marie pays particular attention to the impact of femcees. She sits down with rising rappers for HNHH—like Big Jade, Kali, Rubi Rose, Armani Caesar, Amy Luciani, and Omerettà—to gain their perspectives on a fast-paced industry.

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