Rapper Young Buck Could Lose His Name After Declaring Bankruptcy

How poor is rapper Young Buck? Young Buck is so poor that he can’t even afford his name. The Nashville rapper may have to give up his trademark name and revert back to David Darnell Brown at the end of a Chapter 7 bankruptcy liquidation case.

Young Buck owes a lot of people a lot of money. The rapper owes child support, the IRS, and more than $10 million to rapper 50 Cent. The Tennessean reports that Young Buck has been with 50 Cent’s record label, but hasn’t been able to record since 2008 due to a falling out with the rapper.

Buck’s case was changed from a Chapter 11 Reorganization to a Chapter 7 bankruptcy liquidation last night. Barbara Holmes, a Nashville attorney representing Burton in the case, said that Young Buck almost avoided bankruptcy by signing a deal with Cash Money records, but the deal wasn’t finalized in time. Holmes said:

“There was no deal finalized within the time frame that was necessary for the case to remain in Chapter 11. There are insufficient remaining funds in the estate to pay the ongoing administrative expenses that are due.”

Which means that Young Buck has to start liquidating his assets, including his trademarked name.

The Artist-soon-to-be-formerly-known-as-Young-Buck told the Tennessean:

“My name, Young Buck, has been with me since I was 12, 13 years old. At the end of the day, it’s ridiculous. My name wasn’t given to me by G-Unit Records. They didn’t name me Young Buck. My mother calls me Young Buck.”

The good news is that Young Buck will be back in the recording studio soon. The bad news is that he’ll probably have to choose a new name.