It looks like rapper Trick Daddy has found himself in a financial rut!

The Miami native has filed for bankruptcy because he claims that between his two baby mamas and his extreme debt, he’s dead broke!

He filed for Chapter 11, claiming he has approximately $430K in total assets. That sounds like a decent amount of money but unfortunately for him, he is drowning in a debt of $645K!

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He owes $34,837 to his first baby mother, $22,282 to his second BM, $290K in back taxes and $280K for his first mortgage.

Luckily, he claims he still brings in about $14,500 a month from club appearances and music publishing. He also says he lives a very simply life. In fact, he allegedly only has $550 of clothing and jewelery (so he says).

Source: TMZ