Young Buck’s Financial Problems Continue
Written by: Trill Nadia
Young Buck has has endured several financial blows in recent times, and will once again have to allow the seizure of another portion of his personal property.
Wells Fargo Tennessee INC. filed court documents on January 7th for the legal seizure of the rappers nine-year-old BMW SUV. The secure creditor claims in their filing that Buck is seven months behind in payments, and owes them approximately $5,000 in total. They have been granted a lien, and the collection of the vehicle isn’t equal to the debt on the vehicle alone, making their seizure justified.
The company has requested Young Buck attend a hearing before a Nashville judge on the 31st of January, where a decision will be reached. Previously reported, Young Buck filed for Chapter 13 bankruptcy protection last year, which granted him the approval to put off the IRS’s auction of his personal belongings.
Young Buck released his third album, “The Rehab,” in September of last year, selling just over 6,000 copies in its first week.