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| DMX during "happier" times, with his now estranged wife and two of ten children |
According to several reports, yesterday, DMX filed for chapter 11 bankruptcy.
Although the rapper has been in the game for nearly 20 years, he says he has
less than $50,000 in assets, and has piled up debt through the years to the
tune of $1 million to $10 million. Whew. DMX has a total of 10 children all of
which he is behind on his child support payments for. A whopping 1.24 million
all together. Out of his 10 kids, 4 of them are with his estranged wife Tashera
whom he was married to for 11 years. If you owe more than $2,500 in back child
support, you are no longer able to receive a passport. Which would mean he can
not travel overseas to perform according to DMX'S team. DMX's rep, Domenick Nati, had this to
say about the rappers financial woes.“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.” All I have to say is....and you thought you had problems!
Follow me @MsBella_Dulce
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