Tennessee rapper Young Buck's 2004 album was entitled "Straight Outta Cashville" but it currently appears that he is just straight out of cash and now facing criminal charges.
Young Buck, who filed bankruptcy last year, was arrested recently on federal charges of being a convicted felon in possession of a firearm and ammunition. He pleaded not guilty and was released, but needs to post a $100,000 bond later this week. The rapper, whose real name is David Darnell Brown, became a convicted felon after stabbing a man in 2004 at the Vibe awards, according to news sources.
Brown also faces bankruptcy woes as several of his creditors have recently filed motions that ask the court to lift the shield protecting him since filing Chapter 11 bankruptcy last year. The creditors are attempting to go after Brown's home and car, which were protected after filing.
The rapper's automobile lender is going after his 2008 Cadillac Escalade, which it says Brown has failed to make nine monthly payments on. Brown's mortgage lender is after his Hendersonville, Tennessee, home, saying that he owes more than $544,000 on the $451,500 mortgage and has not made mortgage payments since August 2009.
The Chapter 11 trustee helping Brown through bankruptcy defended the home as necessary to Brown's reorganization because it is his primary residence. The trustee also disputed the mortgage lender's ability to bring the motion in the first place since Brown's mortgage, like many throughout the country, was transferred from the original holder. Often times, attorneys are able to stop foreclosures if the appropriate paperwork wasn't completed as part of the transaction transferring the mortgage to a new lender.
The fate of Brown's car and home will be determined by the U.S. Bankruptcy Court in Nashville, Tennessee.
Source: The Wall Street Journal, "Young Buck Adds Criminal Charges to Bankruptcy Woes," Jacqueline Palank.
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