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Tag Archives: Debts
Is Bankrupt the Best Option?
If a person is bankrupt, more than likely they have filed for some type of bankruptcy to protect their assets. For assets to be protected and for you to pay back your creditors, depending on which chapter of bankruptcy you … Continue reading
Sherrie Hewson
Actress Sherrie Hewson built up a mountain of debts as her career collapsed, after a working life including roles as Maureen Webster in Coronation Street and Virginia Raven in Crossroads. She was forced to declare herself bankrupt in 2007 and … Continue reading
John Burton Race Bankrupt 2009
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
George Best Declared Bankrupt in November 1982
George Best was the original superstar celebrity footballer. At the height of his fame, surrounded by fast cars and beautiful women, he was taking home 3,500, while other players were earning just 75. Bests most famous quote is: I spent … Continue reading
Burt Reynolds
At one time, actor Burt Reynolds was just as famous for his distinctive moustache as he was for bankruptcy. He became a household name in both America and Europe after box office hits such as Cannonball Run (1981). His 1996 … Continue reading
Stephen Baldwin
Star of The Usual Suspects and Im A Celebrity Stephen Baldwin, Alecs less famous brother, was shown to have debts of around $2.3m (1.4m) when he filed for bankruptcy. Baldwin left the Costa Rica set of Im A Celebrity after … Continue reading
Toni Braxton Bankrupt in 1998
Grammy award-winner, Toni Braxton, was declared bankrupt in 1998, owing more than $2.8m. This was in spite of the singer-songwriter grossing more than $170m (110m) in record sales. It was reported at the time that Braxton had spent more than … Continue reading
How To Get Information About Bankruptcy
With so many people depending on borrowing to meet their financial problems, the issue of getting loans from banks or lenders has led many to be declared bankrupt due to failure to pay off their debts on time. Some borrow … Continue reading