DMX Filed for Bankruptcy So He Could Go to Europe

Shareif Ziyadat/FilmMagic DMX

Ah, drag: DMX — never exactly a paragon of steadfastness and orderliness, which, yes, has certainly been a big part of why he’s been able to make the music he’s made — has declared bankruptcy. According to the Wall Street Journal, DMX has less than $50,000 in assets and $1 million to $10 million in debt, including $1.24 million in child support and more than $21,000 on an auto lease. And so earlier this week, in an NYC court, he filed for Chapter 11 bankruptcy. But it’s all in the name of positivity: A rep for DMX has released a statement, explaining this will help X, 42, move on with his career. Via Billboard:

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 [sic]. We are currently planning a tour in Europe and Africa for the fall of 2013.

OK, new plan: Everyone who gave money to the Zach Braff Kickstarter, go get it back, right now, and mail it to DMX.

Amos Barshad has written for New York Magazine, Spin, GQ, XXL, and the Arkansas Times. He is a staff writer for Grantland.

Archive @ AmosBarshad