Subscribe
Hellobeautiful Featured Video
CLOSE

Earl Simmons, best known as rapper DMX, filed for Chapter 11 bankruptcy protection in a Manhattan courtroom today.

According to reports, the MC claims to be $1 million to $10 million in debt, with only $50,000 in assets. His debts include $1.24 million in back child support and more than $21,000 on an auto lease.

MUST READ: DMX Demands OWN To Pull His “Iyanla: Fix My Life” Footage

MUST READL Iyanla Vanzant Writes Open Letter To DMX [VIDEO]

In the legal papers, the rapper said he filed the order “to enable me to reorganize my financial affairs.”

“DMX’s financial strains have been inhibiting his career for several years,” representative Domenik Nati said in a statement. “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.”

This filing comes just days after Simmons was arrested in South Carolina on suspension of driving under the influence and without a driver’s license.

Along with his financial woes, X has had a public battle with drugs and alcohol for over a decade. We hope he gets it together for the sake of his family, soon.

RELATED STORIES

DMX Cries Over His Mommy Issues [VIDEO]

DMX Accused Of Owing Over $1 Million In Child Support

Check Out This Gallery

 

For 2024’s iteration of MadameNoire and HelloBeautiful’s annual series Women to Know, we knew we wanted to celebrate the people who help make the joys of film and television possible. To create art is to create magic. This year, we spotlight Hollywood Executive’s changing the face of cinema.