In the ’90s, MC Hammer was at the top of the music game, with massive album sales and mega-million fortune. But in 1996, Hammer sadly filed for bankruptcy after racking up $13 million in debt. Though Hammer seemed to have recover from his debt woes over the past few years, things came crashing down for the rapper again last year, when the IRS filed a lawsuit against MC Hammer, claiming that he owes the U.S. government $779,585 in back taxes from 1996 and 1997.
