Dame Dash Drowning In Debt. On The Verge Of Losing His HomePosted: May 11, 2013
While his former Roc-A-Fella Records partner, Jay-Z, is worth nearly a half billion dollars, Dame is on the verge of being out on the street as he faces eviction from his Carmel, New York home.
He asked the judge not to garnish his wages citing other financial commitments, such as alimony and child support.
– He pays $24,000 every three months to his ex-wife, fashion designer Rachel Roy, for child support of their two kids, and to cover money owed on the lofts.
– New York state forces Dash to send another $4,341.10 per month for support of his son, Christian.
– He paid nearly $20,000 in garnished wages in late 2012 for other debts.
– And he faces a pending $40,000 tax payment for business earnings.
“I’m an independent businessman and this is what comes from business,” Dash said in an email from his attorney, Gregg A. Pinto. “I have the guts to fight my battles on my own and it’s entertainment to everybody else because I’m so cool about it.”
In 2008 Dame lost his leased SUV after he missed his $714.99 monthly payment. In 2010 he lost a pair of multimillion-dollar Tribeca lofts to foreclosure in 2010