Way back when, I was just a bright-eyed law student full of hope, full of vigor, and ready to take on the world. I figured I would assuredly be writing briefs to be submitted to the US Supreme Court one day. Today is not that day. Today I am writing about DMX. Yes, DMX the rapper (If you don’t know who that is, ask your children). It seems that DMX had to file Bankruptcy, because he has lost his money — and his damn mind.
This story in the Wall Street Journal explains how he has not properly filled out his bankruptcy schedules, has not disclosed all assets, has not shown up for any court hearings, and is generally being recalcitrant. Because of his behavior, DMX’s case may very well be converted to Chapter 7, or dismissed entirely. I really have to wonder what bankruptcy attorney he hired. The errors on his petition are astounding for example, he claims to spend $1,000 per month on clothes, yet states that he does not own any clothes.
I suppose this goes to show that just because your bankruptcy attorney is expensive, doesn’t necessarily mean they are a good bankruptcy attorney.