The Struggle: 9 Celebrities Who Filed For Bankruptcy

- By Bossip Staff Categories: Multi, News, Originals

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

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Sinbad

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

T-Boz

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.

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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.

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DMX

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

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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.

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Mike Tyson

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

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