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Damon Dash Files for Chapter 7 Bankruptcy in Florida, Citing $25.3 Million in Debt

Court papers list tax agencies in New York, New Jersey and California and filmmaker Josh Webber as top creditors.

Overview

  • Dash submitted a 56-page Chapter 7 petition to the U.S. Bankruptcy Court for the Middle District of Florida on Sept. 4.
  • He reported $4,350 in personal assets — including a $500 phone, $2,500 in jewelry, two firearms, clothing and $100 cash — along with $0 monthly income and roughly $5,200 in monthly expenses.
  • The filing itemizes about $9.6 million owed to New York, $3.5 million to New Jersey and nearly $5.8 million to California/Los Angeles County in back taxes.
  • Non-tax liabilities include a $4 million judgment owed to filmmaker Josh Webber and more than $647,000 in domestic support obligations to ex-partners including Rachel Roy and Cindy Morales.
  • The petition notes possible, unquantified claims Dash says he may have against former partner Kareem “Biggs” Burke and others, and follows New York state’s 2024 purchase of his Roc‑A‑Fella stake to recoup back taxes.