MC Hammer In 1996, hip-hop recording artist, MC Hammer filed for bankruptcy, reporting more than $13 million in debt.
LOS ANGELES, CA - JUNE 29: Singer MC Hammer attends the BET AWARDS '14 at Nokia Theatre L.A. LIVE on June 29, 2014 in Los Angeles, California. (Photo by Earl Gibson III/Getty Images for BET) *** Local Caption *** MC Hammer