Breaking

Post Top Ad

Your Ad Spot

Wednesday, July 31

DMX Is In Millions Of Dollars Debt And Bankrupt


DMX has officially filed for bankruptcy, just days after being arrested for suspicion of drunk driving!

According to court documents filed Monday, the rapper is now listing less than $50K in assets! Aside from a 50% stake in his Mount Kisco, NY estate, DMX is down to nearly nothing!

Na Waoo! 

Earl Simmons, DMX, is also said to owe up to $10 MILLION, including $1.24 million in back child support!
Today, the original Ruff Ryder released a statement explaining how he got so deep in the hole. His camp explained:

“DMX’s financial strains have been inhibiting his career for several years. Poor financial management by prior representation have caused him to be ineligible to retain a passport. The purpose of this bankruptcy filing is for reorganization so he can perform for his fans overseas. We are currently planning a tour in Europe and Africa for the fall of 2013.”

Mean while can you imagine he has 10 children?
Perezhilton

Post Top Ad

Your Ad Spot