bankruptcy

Young Buck faces an obstacle that most rappers never want to come across during their music career. The Tennessee native and former G-Unit signee may have to sell his rap moniker as a result of his current bankruptcy case. The Tennessean newspaper reports that the trustee administering the 30-year-old rapper's estate plans to sell his trademarked "Young Buck" name along with other assets

Young Buck still can't seem to get his finances in order. Aside from his tax issues, Wells Fargo Financial Tennessee Inc. is looking to seize his BMW SUV. The financial institution filed court papers Friday (Jan. 7) in Buck's bankruptcy proceedings to obtain the right to foreclose on the former G-Unit members 2002 BMX X5...

Xzibit is beefing with Uncle Sam. The Detroit native, whose real name is Alvin Joiner, owes almost $1 million in delinquent federal taxes. The most recent of four filings was made on Nov. 2, when the IRS pegged him with a $22,196 lien. X to the Z is blaming the cancellation of his former MTV show 'Pimp My Ride' on his financial bind, as well as the foreclosure of his Woodland Hills, Calif... Read

Beanie Sigel got into it with his former boss Jay-Z last year, accusing the rapper of neglecting him and turning overwhelmingly greedy over the years. Now, he's going at the other former Roc leader, Damon Dash, by claiming that the hip-hop entrepreneur owes him $11 million in back pay from his glory days...

Is tax trouble becoming the new norm amongst celebrities? Last week it was Faith Evans and this week Toni Braxton is the latest celebrity who's fallen behind on tax payments to Uncle Sam. The singer and her estranged husband Keirston Lewis, who separated last year, owe more than $396,000 in delinquent federal taxes...

Rapper Foxy Brown and singer Toni Braxton are in serious tax trouble, according to recent reports. Foxy is being sued by the IRS for owing $641,558 in federal taxes to the state of New York. In June, the IRS filed tax lien documents against Foxy for missing tax payments from 2003 to 2006...