DMX is having a pretty awful week…
The rapper has been battling with legal problems, arrests, and being in court for years and just a few days ago, he was arrested for DUI and seen passing out in the back of the police car following the arrest. Now, he has filed for bankruptcy.
According to the Wall Street Journal, the 42-year old, born Earl Simmons, ‘owes $1 to $10 million in debt with only $50,000 in assets. This debt includes $1.24 million owed in child support and $21,000 on an auto lease.’
X’s rep, Domenik Nati, who said DMX was NOT under the influence at his last arrest, released a statement explaining why he had to file for bankruptcy right now.
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 oversees. We are currently planning a tour in Europe and Africa for the fall of 2013.”
by: Kristen
