Young Buck Prevents Auction of His Seized Items


Young Buck


The rapper's bankruptcy lawyer said they agreed on a payment plan which would force him to sell some of his properties.

U.S. tax officials have called off an auction of items seized from Young Buck's home after the rapper agreed to pay back his debts. Internal Revenue Service (IRS) agents raided the hip-hop star's Tennessee property in August and left with his most valuable assets after he allegedly failed to pay $300,000 in taxes.

The goods were due to be sold on Thursday, October 28 but IRS officers canceled it after Young Buck's bankruptcy lawyer took legal action to block the sale and agreed a payment plan with the government.

According to legal filings, attorney Lynda Jones claimed the raid caused the star's family to become distressed, which prevented him from paying installments. The former G-Unit star will reportedly put some of his real estate on the market to clear his delinquent taxes, reports The Tennessean.

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Jamie Foxx Dumps Katie Holmes Over Her Scientology Drama
  2. Robert De Niro Has a Blowout Fight With Wife Grace Hightower
  3. Kris Jenner Is Ready to Fight for Full Custody of Rob's Daughter Dream
  4. Khloe Kardashian Is 'Begging' Tristan Thompson to Propose
  5. Kylie Jenner and Tyga Make Out in Front of Son Cairo and Other Kids
  6. Karlie Kloss Flashes Major Sideboob as She Goes Braless at a Charity Event
  7. Prince Harry Plans to Move to the U.S. Once He Marries Meghan Markle
  8. Cheryl Shows Off Bulging Baby Bump as She Officially Announces Pregnancy
  9. Angelina Jolie Backtracks Her Comment After She's Warned to Stop Trashing Brad Pitt
  10. Kim Kardashian Suffers Nip Slip in Racy Corset Top

CELEBS PHOTO