The rapper has been prohibited from filing for bankruptcy for another 18 months, meaning he is exposed to almost $1.8 million worth of debt owed to creditors.
http://www.lohud.com/article/20131108/NEWS/311080075/Rapper-DMX-s-bankruptcy-filing-tossed
The judge cited the rapper for providing inconsistent documents and untrustworthy information regarding his financial affairs.
DMX’s wife Tashera Simmons was recently interviewed on The Breakfast Club on New York’s Power 105.1 to promote her new book “Finding Tashera,” which details her relationship with DMX.
During the interview, Tashera revealed that DMX had earned and spent over $40 million during the course of his career.
At one point, the rapper was shelling out over $100,000 a month in miscellaneous expenses, including credit cards.
“He used to spend recklessly. When I told him I didn’t want to be with him anymore because of all of the stuff that was going on, he said ‘well I’m gonna see how you’re going to live without any money’ and I thought he was playing. I called the accountant and said ‘the mortgage hasn’t been paid’ and she said ‘you got to take that up with your husband.’ Only because I had a stash that I put away is the only reason I refuse to kiss his butt to take care of me.”
DMX’s representatives said they are working with the rapper to book more shows, as well as resolve his issues with his passport, so he can take advantage of an international tour.
Check out the interview below (finances are discussed at 22:20):
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