Young Buck – IRS Auctions Of Property Nets $53,000

Young Buck's AuctionSince Young Buck had filed for Chapter 7 bankruptcy all his possessions were auctioned off earning a total of $53,000.

 The auction of Young Buck’s property finally went down, and it got the IRS a total of $53,000.

The auction sold Buck’s jewelry, his recording equipment and other seized possessions. The most expensive item sold was a 615 Cashville necklace which Buck wore in a few videos. It sold for $12,300, although it had been appraised at $20,000. Young Buck’s trademarked name was also sold during the auction.

Young Buck‘s possessions and intellectual property were auctioned because the Nashville rapper filed for Chapter 7 bankruptcy liquidation.

Young Buck, real name David Darnell Brown, is also heading back to prison for 18 months on gun possession charge.

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