Celebrity Bankruptcy and Foreclosure News

Sat, Mar 17, 2012

Bankruptcy, General Legal Issues

Celebrity Bankruptcy and Foreclosure NewsThough one might assume that celebrities would be immune to troubles like bankruptcy and foreclosure, this is not always the case. SmithLaw took some time to see which celebrities are facing trouble these days.

Bankruptcy

Gary Busey, recently known as the Pepperoni Prophet on Celebrity Apprentice, filed for bankruptcy. His debt is estimated to be over $500,000, owed to various sources. For more information, check out these TMZ stories:  https://www.tmz.com/2012/02/08/gary-busey-bankruptcy-broke/ and https://www.tmz.com/2012/02/16/gary-busey-moccasins-300-vhs-tapes/.

The Fuller Brush Company recently had to file for bankruptcy. They filed Chapter 11 the week of February 20th. For more, see this comprehensive article from the Washington Post.

 

Foreclosure

O.J. Simpson’s home in Kendall, Florida is in foreclosure. For more info, check out this article on the Huffington Post. You will notice PETA is now involved.

Gary Dourdan, former CSI star, reportedly owes money on his home. The foreclosure process began last year. See this TMZ article for more.

 

Image credit: D.L.

 

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