Jump to content

DMX Files For Bankruptcy

Rate this song


Recommended Posts

Rapper Owes Close To $10 Million In Debt
6:00AM ET July 31st, 2013
Contributor : Chris G.
A Rocky Williform Company

DMX Files For Bankruptcy

DMX filed documents in Manhattan court this week stating that he is filing for bankruptcy and has $50,000 in assets, while owing between $1 and $10 million in debts. The rapper star filed for Chapter 11 âto enable me to reorganize my financial affairs.â

His publicist, Domenick Nati, gave a statement explaining the rapper's situation.

"DMX's financial strains have been inhibiting his career for several years," Nati told HipHopDX. "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 oversees. We are currently planning a tour in Europe and Africa for the fall of 2013."

Link to comment
Share on other sites

Leave feedback

You can post now and register later. If you have an account, sign in now to post with your account.

Leave feedback...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...