A bankruptcy judge has reorganized Young Buck's Chapter 11 reorganization to a Chapter 7 liquidation.
While Buck originally intended to enter into a bankruptcy-exit plan, trustee Jeanne Burton said he didn't have a shot at reorganizing. Under Chapter 7, Buck's assets could be sold and distributed to creditors, though he is still able to ask the court to exempt certain assets from bankruptcy and to release him from certain debts.
A hearing is currently scheduled for January 30th.
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