Money and fame is a helluva drug and some celebrities just have bad money management skills. Here are 9 celebrities who filed for bankruptcy.[bossip_ad_a]
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.
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T-Boz
T-Boz owed creditors $768,642.99 when she filed for bankruptcy in Nov. 2011.
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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.
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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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