Rapper Young Buck may be in bankruptcy, but that doesnt mean hell give up his bling, or his beef with 50 Cent, without a fight.

A few weeks after the Nashville rapper (real name: David Darnell Brown) filed for Chapter 13 bankruptcy protection and saw his assets seized by the Internal Revenue Service, Young Bucks lawyer says hes trying to get his property back and plans to sue fellow rapper Curtis Jackson (you may know him as 50 Cent), with whom hes been feuding for the past few years.

Mr. Brown intends to reorganize his debts and pay off the IRS in a timely manner through Chapter 13. We hope to secure the return of his personal property quickly. He will also be filing a lawsuit in the next 30-60 days against his former manager, G-Unit label and Mr. Curtis Jackson, Lynda Jones, Young Bucks bankruptcy attorney, told the Nashville City Paper.

Young Bucks beef with 50 Cent (who holds a contingent claim of $5 million in Young Bucks bankruptcy) dates back to his time as a member of G-Unit, the crew of rappers that 50 Cent signed to his record label and called on to back him up in his songs. 50 Cent told MTV in 2008 that he kicked Young Buck out of the group after he made disparaging comments about it in public. However, 50 Cent kept Young Buck on his G-Unit record label, which Young Buck told MTV in early August that hes still fighting to be released from (he currently has his own label, Cashville Records).

As for the rappers financial problems, Young Buck filed a payment plan in his bankruptcy proceeding on Aug. 19 that commits him to paying $12,500 a month for the next 60 months. According to court papers, his creditors are owed $1 million, and hes required to pay them at least $750,000.

Among Young Bucks debts are $33,100 owed on a 2009 Cadillac Escalade and about $700,000 on two mortgages. Theres also the IRS (owed about $300,000 for several years worth of unpaid taxes) which on Aug. 3 seized such assets from Browns home as a Breitling diamond watch, more than $20,000 in music-recording equipment, 50 Cent and G-Unit memorabilia, a faux fur coat, six televisions and X-Box. The City Paper reported that the feds took about $70,000 worth of goods in all, which didnt leave Young Buck too pleased.

The worst part of this isnt the material stuff that will all be replaced, Buck said in a statement to MTV. Its what it does to the people around me. They took my kids PlayStation, my assistants computers, and babys mothers jewelry. They took my home studio so I cant even record.

But the rapper said amid all the drama, hes learning a valuable lesson.

I have a new team in place, but I am also paying full attention now, he said. Nothing like this will ever happen again. This is a huge wake-up call for all entertainers to stay on top of your own trusted employees and team members, and replace anyone that was put in place by your record label if the situation you have goes sour. This IRS situation came about because I trusted accountants, lawyers and managers to handle my business for me while I focused on making music. From now on, I am going to stay on top of my own business.











"Nothing like this will ever happen again. This is a huge wake-up call for all entertainers to stay on top of your own trusted employees and team members, and replace anyone that was put in place by your record label if the situation you have goes sour." isnt that what 50 did with you?