Rapper DMX files Bankruptcy

DMX (Born Earl Simmons) filed for Chapter 11 bankruptcy due to poor financial management. The Chapter 11 petition lists less than $50,000 in assets and $1 million to $10 million in debt. The New York native owes $1.24 million in child support and more than $21,000 on an auto lease.

Can Child Support be Erased?

No. Child support cannot be erased or legally discharged in a bankruptcy case but Chapter 11 bankruptcy does allow debtors to propose a reasonable repayment plan to cure the child support arrearage.

Why did DMX file Bankruptcy?

The State Department will not issue a passport to anyone that has more than $2,500.00 in child support arrearage. DMX has an upcoming international concert tour and the filing of the bankruptcy case allows him to get his passport back and travel abroad.

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About Dunne Law Offices, P.C.

Philadelphia Bankruptcy Attorney You may see chapter 7 or chapter 13 as a last resort. But with proper financial planning and legal advisement on your side, bankruptcy can be the moment when you regain control of your finances. I want to support you with all the legal expertise, experience, creativity and deductive reasoning I have to give. My life has been dedicated to developing the skills and experience that allow me to help you navigate financially difficult times. Education As an undergraduate at Pennsylvania State University, I served as an infantry soldier in the Pennsylvania National Guard and as a cadet in the R.O.T.C. My major in Criminal Justice led me to attend the New England School of Law in Boston. Once there, I honed in on bankruptcy law and was a scholarship recipient for “Securities Regulation.” I followed that with an internship at the Boston Stock Exchange and a clerkship for McGarthy & Ged. During this time, I learned how to help people find financial relief through legal action. Professional Memberships and Recognition Bankruptcy law changes every day. Right now, courts across the United States are making decisions that will impact your judge’s point of view on your case. As an effective consumer bankruptcy lawyer, I stay apprised of the most recent happenings in the field through active membership in the following organizations. State Bar of Pennsylvania – Licensed to practice before all state courts, the United States District Court for the Eastern and Middle District of Pennsylvania, as well as the United States Court of Appeals for the Third Circuit National Association of Consumer Bankruptcy Attorneys (NACBA) National Association of Consumer Advocates (NACA) Call for a free consultation at (215) 551-7109.
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