Just days after his arrest on suspicion of DWI, famous rapper DMX filed for chapter 11 bankruptcy protection.
DMX filed in his case in the Bankruptcy Court for the Southern District of New York in Manhattan. He listed less than $50,000 in assets and $10 million in debt. He owes $1.24 million in child support and more than $21,000 on an auto lease. His primary asset is a 50% interest in property located in Mount Kisco, New York.
DMX is most well-known for his 1990's hit "Party Up (Up in Here)."
Source
The Wall Street Journal Bankruptcy Beat Blog, "Rapper DMX Files for Bankruptcy," Jacqueline Palank, July 30, 2013. http://blogs.wsj.com/bankruptcy/2013/07/30/rapper-dmx-files-for-bankruptcy/
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