Young Buck has filed Chapter 13 bankruptcy, hot on the heels of an Aug. 3 raid on his Hendersonville, Tennessee home by agents for the Internal Revenue Service.

Chapter 13 bankruptcy protection allows debtors to settle their debts using regular income and without interest. Documents indicate that Young Buck, real name David Darnell Brown, proposed having his label, Cashville Records, dock his pay $12,500 a month for five years, for a total of $750,000, The Tennessean reported Wednesday. The filing claims Brown earns $19,170 a month.

The proposal allows Brown to keep all other income, including royalty payments.

The IRS seized property — including jewelry, furniture, awards, and video games — during last month’s raid. The “Let Me In” star owed more than $300,000 in back taxes, interest and penalties to Uncle Sam. Other creditors chasing Buck include the tax officials in the State of New York, American Home Mortgage Service, and Wells Fargo Auto Finance.