Dame Dash Files for Chapter 7 Bankruptcy, Listing About $25.3 Million in Debt

Damon “Dame” Dash in a recent episode of his web series “Bosses Take Losses,” where he discussed eye surgery and dental work. The Roc-A-Fella Records co-founder has filed for Chapter 7 bankruptcy in Florida, court papers show. (Screengrab)

On Thursday, Roc-A-Fella Records co-founderDamon “Dame” Dash filed for Chapter 7 bankruptcy in Florida, listing about $25.3 million in liabilities and only a few thousand dollars in assets, according to the petition.

The filing in the U.S. Bankruptcy Court for the Middle District of Florida estimates one to 49 creditors and reports about $4,350 in personal property against roughly $5,200 in monthly expenses. Schedules attached to the petition list $100 in cash, a $500 phone, $2,500 in jewelry, clothing and two firearms. Dash also reported no current income.

Damon Dash filed for Chapter 7 bankruptcy in Florida and is $25 million in debt mostly tied to unpaid taxes, child support and legal judgments

He listed just $4,350 in personal property.
That includes a $500 phone, $2,500 in jewelry, clothing, two firearms and $100 in cash. He… pic.twitter.com/e3KXuhH88g

— Ahmed/The Ears/IG: BigBizTheGod 🇸🇴 (@big_business_) September 5, 2025

Under Chapter 7, an automatic stay pauses most collection efforts while a court-appointed trustee reviews whether any non-exempt property can be sold to pay creditors. Certain obligations — including child support and many tax debts — are typically not dischargeable.

50 Cent says Dame Dash has no money now and calls Dame Dash out for telling him that the $1 million he received from signing with Eminem's Shady Records was no money.

(🎥 Million Dollaz Worth Of Game ) pic.twitter.com/f1iZPkJ1WU

— The Art Of Dialogue (@ArtOfDialogue_) September 1, 2024

The petition follows a series of judgments and enforcement actions. In 2025, a federal judge entered a $4 million default judgment against Dash in a defamation case brought by filmmaker Josh Webber tied to the indie film “Dear Frank.” Earlier, in 2022, a jury awarded roughly $805,000 in a related dispute involving Webber and Muddy Water Pictures. Dash’s creditor roster in the bankruptcy includes tax agencies, support arrears and court awards stemming from those cases.

“Dame Dash is a gigantic almost, almost not. He blew it; he had the most important artist of a generation. Dame wouldn’t change the way he treated people. Jay saw Dame’s ceiling. … Dame was far from stupid. As much talent as he has, nobody wanted to work with him.” -@stevestoute pic.twitter.com/AnRYK4L2ac

— Club Shay Shay (@ClubShayShay) March 7, 2024

Financial pressure intensified in late 2024, when New York State purchased Dash’s one-third stake in Roc-A-Fella Records at a court-ordered auction for about $1 million to address tax liabilities — a sale that generated headlines but did not resolve his wider debts. This year, judges have pressed compliance on outstanding judgments, including orders to turn over business interests and produce records tied to Dash-controlled entities.

Dash has not issued a detailed public statement about the bankruptcy. Standard Chapter 7 procedure will now move to trustee review and a meeting of creditors.