Trick Daddy has filed for Chapter 11 bankruptcy, according to TMZ.
The Miami rapper says that he had debts of approximately $645,000 and assets of roughly $430,000.
The Florida artist says that he owes $290,000 in taxes, $280,000 on a mortgage, $34,837 in child support to the mother of one of his children and $22,282 in child support to the mother of one of his other children.
Trick Daddy says that he earns approximately $14,500 a month through performances and royalties.
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In April, he discussed why his profile had decreased.
“People be like, ‘Trick, why did you leave the rap game?” he said at the time. “I didn’t leave the rap game. The rap game left me. I’ve been dealing with a lot of different issues — the lupus, the IRS, along with just family problems — and now I’m getting all that together.”
