Young Buck has again filed for bankruptcy, a move thought to be a ploy by the southern rapper to avoid paying off his debt to former boss turned rival, 50 Cent.
The rapper reportedly filed for bankruptcy in January, listing the mothers of his six kids, the Georgia Department of Human Services and the IRS as his main creditors.
The IRS wants to collect $415,892.04 in unpaid taxes that span the course of 6 years.
According to court records Young Buck, who also filed for bankruptcy 10 years ago, also wants to “reject any and all executory contracts with G-Unit and/or Curtis Jackson.”
The former G-Unit man has been at odds with 50 Cent recently, with the latter claiming his one time protege has had a relationship with a transgender woman.
“Young buck is almost ready to drop his album,” 50 wrote on Instagram on May 4.
“He worked hard on this project, I told him his personal choice to date a tran sexual will confuse some of his core audience but with the support of the LGBT he should be fine. New heat coming soon.”
The rapper has been locked up at Tennessee’s Cheatham County Jail since December after he was arrested on a felony warrant.
The rapper previously served time for violating his probation relating to 2012 gun charges when he allegedly threatened to burn his ex-girlfriend’s house down in July 2016. Then in 2017 he was indicted on domestic assault and vandalism charges.
