Roc-A-Fella Records co-founder Damon Dash has filed for bankruptcy, saying he has just over $4,000 to his name and owes more than $25 million in tax bills, child support and court judgments.

Dash, who co-founded Roc-A-Fella with Jay-Z and Kareem “Biggs” Burke in 1994, is seeking to clear his debts through a so-called Chapter 7 bankruptcy petition filed Thursday (Sept. 4) in Florida. It comes almost exactly a year after Dash’s one-third interest in Roc-A-Fella was auctioned off to the state of New York due to these same debts.

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