EXCLUSIVE: Young Buck Escapes $71K Child Support Claim – For Now

EXCLUSIVE: Young Buck Escapes $71K Child Support Claim - For Now

Young Buck’s chapter trustee blocked his ex’s try to gather over $70K in youngster help, saying the debt can’t be paid by means of the property’s proceeds.

Young Buck received’t have handy over $71,721.30 in post-bankruptcy youngster help to his ex by means of his Chapter 7 case, in accordance with his trustee.

Trustee Erica R. Johnson requested the courtroom to disclaim Shannon Robertson’s declare to gather youngster help that accrued after the rapper filed for chapter in 2020.

Johnson stated the Bankruptcy Code doesn’t enable that form of debt to be paid from property funds.

“The Trustee sympathizes with Ms. Robertson’s position that she is owed post-petition child support arrears,” Johnson wrote. “However, the Trustee’s hands are tied.”

Robertson, who shares a baby with the Nashville rapper, had already secured a court-approved declare for $81,471.70 in unpaid youngster help that constructed up earlier than the chapter was filed.

That quantity might be paid by means of the property.



However, Robertson also attempted to collect an additional $71,721.30 in arrears that had accumulated after the bankruptcy commenced. Johnson stated that cash can’t come from the property, even when there’s a surplus.

Robertson had hoped the additional funds could possibly be pulled from any leftover belongings that may return to Young Buck, whose actual title is David Darnell Brown.

However, Johnson made it clear within the submitting that any surplus have to be returned to the debtor, not allotted to new claims.

The trustee requested the courtroom to approve her last report and dismiss Robertson’s objection. If the courtroom agrees, Robertson would want to pursue the $71,000 outdoors the chapter course of.

Young Buck filed for Chapter 7 chapter in January 2020, citing money owed to the IRS, youngster help obligations and a long-running monetary dispute with 50 Cent.

The property raised over $1 million by promoting off belongings, together with his music catalog, jewellery and a Rolls-Royce.

Roughly $445,000 of that went to authorized charges, leaving about $600,000 to pay collectors.

A judge ruled that Buck must pay $200,006.90 to 50 Cent for a disputed mortgage from 2009, which Buck had argued was an advance on a report deal.



Source link

Categories News

Tags 71K Buck Child Claim Escapes Exclusive Support Young


0 Votes

You must log in to post a comment

0 Comments