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Rapper DMX, Local Resident, Files for Bankruptcy: Records & Reports

Debts include more than $1.3 million in child support, according to court filing.

DMX, pictured on Jan. 5, 2012 in California (Photo Credit: Jerod Harris, WireImage, Getty)
DMX, pictured on Jan. 5, 2012 in California (Photo Credit: Jerod Harris, WireImage, Getty)
Rapper DMX, who lives near the Bedford/Mount Kisco border, has filed for Chapter 11 bankruptcy, according to court documents and several media reports.

The petition, filed on Monday in federal bankruptcy court, lists assets of no more than $50,000 and liabilities of just over $1 million to $10 million. His largest unsecured debt totals at more than $1.3 million in owed child support, while his second-largest amount is a disputed judgement of more than $200,000 owed to Amusing Diversions, Inc. Other creditors include individuals intended to receive judgements, medical billing and a vehicle lease. Unknown amounts are also listed in the filing for federal and state income taxes owed.

DMX, whose legal name is Earl Simmons, lists a half-interest in his local residence, which is located on McLain St. and worth $453,702. Westchester County mapping records show that the site is located in Bedford but close to the Mount Kisco border, while court records give it a Mount Kisco mailing address. The property is also listed under secured claims, with the creditor being Compass Bank, which is based in Spring Valley.

Two contracts are listed in the filing, including one with Her Majesty's Records Inc., which is located in Vancouver, British Columbia, and a deal Universal Music Corp., which DMX disputes ever signing.

The Wall Street Journal, reporting on the filing, posted a statement from representative Domenick Nati about the matter.

“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," Nati told the paper.

Nati, the paper reports, blames representation for not making child support payments and added that the issue needs to be resolved in order for DMX to obtain a passport for an overseas tour. 
thetruth August 06, 2013 at 05:42 PM
FYI, before you write an article be sure to do your homework. DMX does not live on the Bedford/Mount Kisco border, matter of fact he doesn't live in NY at all. He lives in the Carolinas. Please spend more time researching. What else have you reported incorrectly??
Beverage Guy August 06, 2013 at 09:43 PM
The paperwork lists his street address as Mt Kisco, with a mailing address in South Carolina. http://www.scribd.com/doc/156968070/Dmx-Petition
thetruth August 07, 2013 at 09:41 AM
I saw the paperwork. But he is a full time resident in Lyman, SC. I live next to the guy and see him daily.
Beverage Guy August 07, 2013 at 12:13 PM
My point was more to the fact that being the paperwork listed the street address as Mt Kisco, it was not necessarily reporting incorrectly on their part.
Scott Petricig August 07, 2013 at 12:57 PM
DMX does in fact own the house in Bedford, however, and he did live there at some point at least part-time. So he does have a residence in NY. Whether he actually spends time there currently is a different matter.
thetruth August 07, 2013 at 03:01 PM
I understand what you both are saying. I only pointed out that he doesn't live there. I talk to him on a regular basis, so I was only pointing out that he doesn't live there. Owning a residence and living there are two different things. I was only bringing to the editors' attention the information was incorrect.
D August 07, 2013 at 03:32 PM
The man has 10 kids....cmon
Jean D. August 08, 2013 at 08:35 AM
ON good advice, now he can get the Govt to support them all. GREAT move DMX.
thetruth August 08, 2013 at 10:26 AM
Hopefully the Govt. you are referring to will assist you in learning proper grammar. "ON good advice"...hmmm?
Jean D. August 08, 2013 at 12:09 PM
Really? The nerd grammar police on this thread...Oh puleeze
thetruth August 08, 2013 at 02:52 PM
Nerd grammar police? Lmao! I must have offended you, I am so sorry. It must be my fault I couldn't comprehend what you wrote. Rereading what you wrote makes perfect sense now. The way you spell and think confirm how ignorant and uneducated you are

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