July 31, 2013 10:04
Rapper DMX files for bankruptcy
The musician and actor reportedly owes between $1 to $10 million in debt
According to the Wall Street Journal, the musician and actor, real name Earl Simmons, reportedly lists less than $50,000 (£32,000) in assets and owes between $1 million (£600,000) to $10 million (£6.6 million) in debt. This debt includes $1.24 million (£800,000) owed in child support and $21,000 (£14,000) on a car lease.
News of the bankruptcy comes just days after his arrest for suspicion of driving under the influence and driving without a license in South Carolina. A spokesperson claimed that he was never charged because he passed a breath test and was quickly released after posting $1,235 (£810) in bail.
Domenick Nati, a representative for DMX, said in a statement: "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 [sic]. We are currently planning a tour in Europe and Africa for the fall of 2013." According to US law, you cannot get a passport if you owe more than $2,500 (£1,600) or more in child support.
DMX is famed for his hit single 'Party Up (Up In Here)' from his 1999 album '…And There Was X'. He has acted in films including Romeo Must Die, Exit Wounds and Last Hour.
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