But it seems he is taking all the talk in stride. In true 50 fashion, he took to Instagram to make light of the situation posing next to a smart car for good measure.
“Times are hard out here LMAO,” he wrote, standing suited and booted in a parking lot. Hit the jump fpr details and see photo..
In a statement released by his legal team, the bankruptcy allows 50 to “reorganize his financial affairs,” and that he will continue conducting business normally.
As for what chapter 11 bankruptcy means for Fif exactly, it is simply a protective measure of his assets, according to comments he made at a Los Angeles press junket for his upcoming film Southpaw.
“It’s for protection, so I’m not taken advantage of,” he told HipHopDX. “I’m fine, you don’t see me smiling?”
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