Author Archives: admin

Mike Read

Posted on April 23, 2011 by admin Leave a comment

The former Radio One disc jockey has been made bankrupt twice. The second occasion, when he found himself owing thousands in unpaid taxes, forced him to sell his beloved collection of more than 120,000 vinyl albums. The collection of 350 … Continue reading →

Celebrity Bankrupts for Bankruptcy

Mick Fleetwood

Posted on April 22, 2011 by admin Leave a comment

Mick Fleetwood is a British drummer, who, combining his name with fellow founding member, John McVie, formed Fleetwood Mac in the 1960s. Through the groups changing line-up, Fleetwood was the only permanent member. Stevie Nicks and Lindsay Buckingham were invited … Continue reading →

Celebrity Bankrupts for Bankruptcy

Meat Loaf

Posted on April 20, 2011 by admin Leave a comment

The larger-than-life rock star made one of the biggest-ever selling albums with Bat Out of Hell. But he was forced to declare himself bankrupt after unscrupulous managers, Dellentash and Sonenberg, not only stole his money, but sued him for breach … Continue reading →

Celebrity Bankrupts for Bankruptcy

MC Hammer

Posted on April 19, 2011 by admin Leave a comment

The success of MC Hammers single, Cant Touch This and album Please Hammer, Dont Hurt Em, earned the rapper an estimated $33m. This new wealth enabled him to buy helicopters, a $12m crib and keep an entourage of 300 people, … Continue reading →

Celebrity Debt Problems

Michael Barrymore Bankruptcy in 2004

Posted on April 18, 2011 by admin Leave a comment

Michael Barrymore was a presenter of light entertainment and game shows on British television. These include the highly successful Strike It Lucky and Kids Say the Funniest Things. The success of these shows led to Barrymore headlining the 1995 Royal … Continue reading →

Celebrity Bankrupts for Bankruptcy

Lionel Bart

Posted on April 18, 2011 by admin Leave a comment

One of the worlds best-loved musicals. Oliver! was created by Lionel Bart, who wrote the music, book and lyrics. His rags-to-riches and back again life story is worthy of a musical production itself. Bart, who died in 1999, aged 68, … Continue reading →

Celebrity Debt Problems

Laura Wadsworth

Posted on April 17, 2011 by admin Leave a comment

By the time she was 22, Laura Wadsworth had five credit cards. She thought, mistakenly, that they offered free money and used them to buy clothes and holidays to the Canary Islands, Malta and Greece. At the time, Laura was … Continue reading →

Celebrity Debt Problems

Kerry Katona made bankrupt in August, 2008

Posted on April 13, 2011 by admin Leave a comment

It was reported when Kerry Katona was made bankrupt in August, 2008, that she owed the Inland Revenue 417,000 in unpaid taxes. This was reduced later to around 80,000. Katona spent a fortune on cocaine, property, fast cars and motorbikes. … Continue reading →

Celebrity Bankrupts for Bankruptcy

John Burton Race Bankrupt 2009

Posted on April 12, 2011 by admin Leave a comment

After John Burton Races ex-wife was declared bankrupt, following an application for 15,000 from a creditor, the chef went bankrupt himself just two months later. Despite being awarded a Michelin star, their restaurant, the New Angel in Dartmouth, Devon, closed, … Continue reading →

Celebrity Bankrupts for Bankruptcy

Joe Swash 2009 Bankruptcy

Posted on April 11, 2011 by admin Leave a comment

Joe Swash, former star of Eastenders and winner of Im A Celebrity wasnt very good at managing his money, ending up in the High Court in London, owing 20,000 in unpaid tax as well as debt consolidation loans. Joe has … Continue reading →

Celebrity Bankrupts for Bankruptcy