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50 Cent Talks Bankruptcy Filing On 'Conan' (VIDEO)

50 Cent is taking his recent chapter one bankruptcy filing in stride. The rapper's optimism about his financial troubles has been amazing and intelligent, just like his explanation was on "Conan."

He even provided a bit of his business savvy humor to the mix, but he still got down to the core of his current matter that stems from assets and liabilities from $10 to $50 million, according to Billboard.

"Yeah, I need protection," the Queens, N.Y.-born rapper told the charismatic talk show host to playful laughs from the audience. "You get a bullseye painted on your back when you're successful, and it's public, you become the ideal person for lawsuits."

"I'm fine. I've just been going through a little legal issues. I got some trained professionals to help me with it. I'll get past it," the celebrity told The Talk.

The lyricist filed for chapter one bankruptcy protection on Monday, according to Business Insider.

"The filing allows Mr. Jackson to reorganize his financial affairs, as he addresses various professional liabilities and takes steps to position the future of his various business interests," said William A. Brewer, the MC's lawyer. "This filing for personal bankruptcy protection permits Mr. Jackson to continue his involvement with various business interests and continue his work as an entertainer, while he pursues an orderly reorganization of his financial affairs."

Click here for more of HNGN's coverage on 50 Cent's epic finance reorganization.

Tags
50 Cent, Bankruptcy, Rick Ross, Southpaw, Movies
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