After getting arrested just days ago, DMX has just filed for bankruptcy.
According his rep, Domenik Nati, the troubled rapper is forced to file bankruptcy because of the financial mismanagement of funds by his previous representatives.
He states, “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.”
Domenik Nati is also the same representative who defended the rapper in his latest DUI arrest. He stated that X had not been intoxicated even though, we later learned, he passed out in the back of a police vehicle immediately following the arrest.
We’re not sure what it will take for the rapper to get his life back in order, but, we hope there is still hope left to save him.
We will keep you posted.
(Photo:Mike Lawrie/Getty Images)