Dame Dash has officially filed for bankruptcy as his legal issues and substantive debts continue to mount.

The Roc-A-Fella Records co-founder has debts totalling $25 million relating to lost legal cases, an enormous tax bill and unpaid child support payments.

According to legal documents, Dash claims he he has assets of less than $5,000.

He also says he receives no monthly income yet has expenses of around $2,500.

The documents state that the record executive’s largest asset is the $2,500 he owns in jewelry and clothing.

Dash owes $8.7 million in taxes to the state of New York and IRS while the New York State Department of Taxation and Finance is also owed $9.65 million.

Further debts to the government $5.79 million to Los Angeles County and $3.5 million to New Jersey over back taxes

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