50 Cent’s Boxing Company Wants To Dismiss Bankruptcy

50 IS GETTING THROUGH THE FINANCIAL MESS

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Apparently 50 Cent has returned to court to tell the judge that his boxing company isn’t broke anymore.

According to TheJasmineBrand, 50 wants his Chapter 11 bankruptcy dismissed as he has settled his debt issues with major creditors in the case. 50’s boxing company, SMS Promotions, filed for Chapter 11 bankruptcy last year stating it had between $100k – 600k in debt, and court documents in the case reported their liabilities to be over 2.3 million and and only $644,903 in assets.

Apparently 50 wants to completely dismiss the case as he no longer needs the bankruptcy protection.