It seems like DMX just can't catch a break. After filling for bankruptcy in July, with a debt of over $1 million in unpaid child support, the rapper is now facing some difficulty from the U.S. Justice Department.
According to reports from the Justice Department, DMX's bankruptcy restructuring is being challenged because of delays and inconsistencies in his filing.
Some of these inconsistencies include DMX's monthly income, which some paperwork indicated as $5,000 while other documents claimed he was making around $1,600 a month.
U.S. Trustee Tracy Hope Davis, who monitiors the bankruptcy claims filed in New York, is petitioning that DMX's case be converted into a Chapter 7 liquidation instead of a Chapter 11 case. According to the Wall Street Journal, this would mean that DMX would have to sell off all of his assets to repay his creditors!
DMX has been having a wide array of problems recently including being arrested on suspicion of driving under the influence without a driver's license in South Carolina, and if this petition was acknowledged it would only cause more issue's for the rapper.
0 comments