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2015 Billboard Music Awards - Arrivals

Source: Steve Granitz / Getty

Just three days after losing a lawsuit to the baby mama of rapper Rick Ross, TMZ is reporting that 50 Cent has filed for bankruptcy.

Curtis “50 cent” Jackson was dealt a serious blow when lost his lawsuit to Lavonia Leviston and was ordered to pay $5 million for leaking her sex tape without her permission and emotional distress.

The jury still hadn’t awarded punitive damages yet, which is probably the reason 50 has pulled this financial move.

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Also see 50 Cent Loses Battle, Has To Fork Over $5 Million