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Matthew Knowles is asking the judge for a break in his child support payments.

TMZ is reporting that things are so raggedy for Knowles that he went to court to have the support payments slashed because his income has plummeted in radical fashion:

Knowles asked a judge to reduce the $12,000 monthly child support he pays to baby mamaAlexsandra Wright (pictured above), with whom he has a 3-year-old son.

Knowles — who made $3 million a year before his daughter fired his ass in 2011 — now says he pulled in a relative paltry $127K in 2013.

And, Knowles says, even though his income has been slashed, his expenses remain sky high — $51,000 a month. To make up the shortfall, he’s liquidating his assets.

The family court judge apparently validated his financial plight, and reduced his child support to $2,485 a month.

Did we mention Ms. Wright is also getting $300/month in food stamps? Hope that works out for her.

Source: EURWeb