The Struggle: 9 Celebrities Who Filed For Bankruptcy

- By Bossip Staff Categories: Multi, News, Originals


Money and fame is a helluva drug and some celebrities just have bad money management skills. Here are 9 celebrities who filed for bankruptcy.



Sinbad filed for bankruptcy back in April after being in debt for around $10 million. He recently graduated debt school and had his debts paid off.



T-Boz owed creditors $768,642.99 when she filed for bankruptcy in Nov. 2011.

Antoine Walker

Antoine Walker

Antoine filed for bankruptcy back in 2010 and was even forced to sell his championship ring.

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Warren Sapp

Warren Sapp filed for bankruptcy in 2012. Things have gotten so bad, he was forced to sell 213 pairs of his Nikes for just $6,390. Ouch.


Toni Braxton

Toni owed $50 million when she filed for bankruptcy for the second time in 2010. She had her debt wiped away, but lost 2 dozen of her songs via bankruptcy.

Lawrence Taylor Plea Deal

Lawrence Taylor

In an effort to keep his home, Lawrence filed for bankruptcy in 1998.



DMX owed 1.24 million in child support and $10 million in debt when he filed for Chapter 11 bankruptcy in July.


MC Hammer

Hammer made $33 million from his diamond album “Please Hammer, Don’t Hurt ‘Em,” but blew through that, filed for bankruptcy and now he is worth $1.5 million.


Mike Tyson

In 2003, Mike filed for bankruptcy after being in debt for $23 million.


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