Trick Daddy (Photo by Theo Wargo/WireImage)

Miami rapper Trick Daddy, real name, Maurice Young, has filed for Chapter 11 bankruptcy.

TMZ reports that the 41-year old entertainer has $430,000 in assets, but owes$280,000 for his first mortgage and $290,000 in back taxes. In addition he’s in the hole for $34,837 child support to one baby’s mother and $22,282 to another.

Young, whose hit records include “Shut Up,” “Nann N****” and “I’m a Thug,” still pulls in $14,500 a month for shows and publishing, but has limited cash and only $550 in clothes and jewelry.