DMX Files For Bankruptcy And Explains Why — Tha Wire [VIDEO]

Hip Hop legend DMX has recently filed for bankruptcy yesterday (July 29th).  However, the 42 year says the bankruptcy was to solve restrictions he’s had on obtaining a passport. 

X’s publicist Domenick Nati released a statement saying, the rapper financial issues had been inhibiting his career for several years. To make things worse, his poor money management prior to hiring an accountant didn't help and basically caused him to be ineligible to retain a passport.

Bottom line, anyone filing bankruptcy is trying to reorganize their finances and that’s exactly what DMX is trying to do.  Speaking of which, X is gearing up for a big tour this Fall. Get the skinny on that below and listen to Tha Wire.

In other news, two of Jay-Z’s Roc Nation emcees are also gearing up for a full fledged tour.  Wale and J. Cole both have released number one albums this summer and are teaming up for a nationwide tour this fall called “What Dreams May Come”.  The tour will jump-off in September and here's a complete list of stops:

Meanwhile, pre-sale tickets for J. Cole fan club members go on sale today!  Get more details below with Tha Wire now!

Finally, two video models featured in Tyga’s music video, “Make it Nasty” filed a lawsuit against him.  The YMCMB rapper is being sued for $20 million according reports by TMZ. The video vixens behind the suit are Elizabeth Velasquez and Azia Davies and claim that their breasts were exposed in the clip without their consent.  Here's a look at the video. WARNING EXPLICIT!

Get more details surrounding this case now.  Plus, get all of today’s juicy details.  Press play now to hear Tha Wire.