DMX Files For Bankruptcy, Rapper’s Publicist Releases Statement

    Former superstar rapper DMX has had a challenging week. Following video footage surfacing of a DUI arrest in South Carolina last Friday (July 26)—which DMX’s publicist inituially denied, the onetime multi-platinum Ruff Ryders/Def Jam Records star has filed for bankruptcy.

    The Wall Street Journal reports that the Yonkers, New York native filed documents yesterday (July 29) in Manhattan court stating that he has $50,000 in assets, while owing between $1 and $10 million in debts. X told authorities he filed for Chapter 11 “to enable me to reorganize my financial affairs.”

    DMX’s debts include over $1 million in child support and over $20,000 in automobile lease payments.

    Last year, DMX released his seventh album, Undisputed, which was his first independent release. Including involvement from longtime producer Swizz Beatz and Machine Gun Kelly, the album was a Top 20 debut.

    Other Hip Hop artists to file for bankruptcy include MC Hammer, Young Buck and Xzibit.

    UPDATE: On behalf of DMX, the rapper’s publicist, Domenick Nati, told HipHopDX the following: “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.”

    RELATED: DMX Upset Over Oprah Winfrey Network Interview About Addiction

    73 thoughts on “DMX Files For Bankruptcy, Rapper’s Publicist Releases Statement

    1. That’s what DMX desrves for being a wack rapper. If he signed to YMCMB, Wayne would have taught him to rap properly.

      1. you mean rap about pussy while wearing his daughters pants. teach him how to kiss old men on the lips?

      2. Wayne would teach him how to have a great flow. Wayne wearing his daughter’s pants is the new trend here and Wayne only kisses Birdman because he is his stepfather. He also kissed Stevie Wonder as a cultural exchange but that’s it.

      3. for birdman to be waynes stepfather that would mean he married lil waynes mom. and that never happened. they are faggots i know it hurts you

      4. Wayne’s mom and Birdman did secretly marry. They broke up quickly but that still makes birdman wayne’s stepfather. They are not faggots.

      5. Hahaha, good one. Wayne is one talentless hack, hope you at least get paid in stickers for that dickriding fanboy shit, jr.

      6. Stop hating just because Im telling you facts. Wayne is talented. If he wasn’t he would be broke.

      7. So what talents do Kim K and Paris Hilton have besides sucking dick? The answer is none. BTW, Wayne is wack and kissing other men is gay, no matter who it is.

    2. i feel bad for x right now , somebody really needs to help him , somebody needs to reach out to him

      1. Muhammad, Jesus, and Buddha could be around X but if he don’t want help, it ain’t gonna happen.

    3. if the whole new generation of rappers/producers gave X some hot verses and beats it would help out greatly. dont forget who influenced yall.

    4. swizz should give him a few mill. but it seems swizz forgot where he come from and has gone hollywood. he wouldn’t be where he is now without dmx.

      1. Why should swizz give him money? DMX had his bread and fucked it all up. That’s not swizz’s fault. That’s like saying Jay-Z should help Dame out. He certainly wouldn’t be as business savvy as he is now without Dame by his side in his early career.

      2. lmao do you think a million dollars just drops out of your ass when you want it?
        you are clearly a child, wait until you have some real responsibilities and you will understand why swizz can not “give him a few mill” lol

    5. funny how people think dmx is broke.. this is exactly same thing when people says mike tyson is broke and still have 10 mill on bank account… lame. money is only another form of cancer

      1. Even if Tyson has 10 million, it’s a far cry from the $300 million he once had. And the funny thing is Tyson can still make money starring in bit parts in movies, or documentaries. What is X gonna do to make millions? He can’t even afford a diaper lol

    6. Still some of the best shit i ever heard in hip hop. Play up here Dark Man X I’d attend the shows

    7. I guess we can expect some new music soon… It’s fucked up. As a teen, I looked up to this dude (somewhat). I thought he was a man and knew how to handle responsibilities. But he’s just too street to know what’s good for him. I guess he’s lucky to even have made it this far with this behavior.

      1. realest comment on here. just a reminder everything ain’t always what it seems and listen to the message, don’t worry about the messenger.

      1. you the type that don’t even know your momma was well known for copping them pebbles before she did the defensive secondary squad, you just see the house, dad who don’t really look like you, and think life is awesome

    8. I extended a helping hand to this nigga and he slapped it away. Just think where he would be today if he had signed with me. Car shopping with Meek.

      1. GOD BLESS DMX!!!

        GOD PROTECT DMX!!!

        GOD BLESS DMX!!!

        DMX IS NOT ON CRACK OR A CRIMINAL OR BAD PERSON HOW THE MEDIA PORTRAYS HIM… I REPEAT HE IS NOT ON CRACK FUCK THE MEDIA!!!

        GOD BLESS U X!!!

      1. you must be a sad person to wish life in jail on someone you’ve never met. I’d rather kill my worst enemy then wish/put him in jail forever.

      2. spoken like a true white boy, every and anyone who doesn’t live like you should be thrown underneath a jail or nuked

        btw, blacks don’t say fucking scum, that while saying nigga blew the mask off your face poser

        feel free to gtfoh corn pop

      3. Nope i am black @ rwgwrg is a scum cunt who comes from a family of poor white meth trash … And to think this sour cunt would not be here if his dad wasn’t such a cheap bastard and had bothered to cover it up we wouldn’t have to witness his poor attempts at Trolling /attention seeking

      4. im white, and yes rwgwrg is an ignorant shit head. dont know why race was brought up in the first place though.

    9. DMX made 5 #1 triple platinum albums.

      X would lyrically murder 2pac. Oh yeah….. and guess who’s still livin today. At least X was smart enough not to get himself shot.

      1. He’s still alive but a full blown addict who blew through his money, lost his marriage, and has a zillion kids he never sees. I’d say Pac still wins even though he’s shoveling coal in hell right now.

    10. Damn, doggy. Well, it took him a while to actually file for bankruptcy. Either way, I still fuck with him. His temper always got ahead of him but it worked so well on the mic. I don’t care if he’s a crackhead. Who am I to tell someone they need to stop? D need to do a show around the U.S.

      1. So if you knew X you wouldn’t try telling him to get off crack, even if it might mean saving his life? Pussy.

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