Famous People Who Have Filed For Bankruptcy

Although the decision to file bankruptcy should be carefully decided, it is nothing to be ashamed about. It can be the first step towards your future financial success and wiping the slate clean to give you a fresh start. We’ve compiled a list of some famous people who have filed for bankruptcy, and it’s not a bad group of people to be associated with! 

Abraham Lincoln – 16th president of the Unites States- who twice filed for bankruptcy

Ulysses S. Grant – 18th president of the United States

Thomas Jefferson – one of our founding fathers, author of the Declaration of Independence, 3rd president of the United States

William McKinley – 25th president of the United States

Donald Trump- 45th president of the United States

Dave Ramsey – self-professed “get out of debt” guru

Walt Disney – Founder of Disneyland, Disneyworld and Mickey Mouse to name a few!

Rembrandt Haremenszoon Van Rijn – Dutch painter

P.T. Barnum – of Barnum and Bailey’s Circus filed for bankruptcy in 1871

Mark Twain – American author

Oscar Wilde – playwright

Henry John Heinz – manufacturer of famous Heinz ketchup

Milton Hershey – founder of Hershey’s chocolate

Henry Ford – automobile manufacturer

J.C. Penney – founder of the department store chain

Mickey Rooney – actor

Debbie Reynolds – movie actress and hotel/casino owner

Johnny Unitas – NFL Hall of Fame quarterback

Dorothy Hamill – Olympic figure skater

Bjorn Borg – professional tennis player

Jerry Lee Lewis – musician

Burt Reynolds – actor, filed for bankruptcy after his divorce from Loni Anderson

Sherman Hemsley – actor, George Jefferson of “The Jefferson’s” sitcom

Gary Busey – actor

Nicholas Cage – actor

“Octomom” Nadya Suleman – more infamous than famous

Kim Basinger – actress, former wife of Alec Baldwin

MC Hammer – entertainer, rapper

Willie Nelson – country music legend

Larry King – talk show host

Mike Tyson – boxer, filed Chapter 11

Joe Lewis – boxer

Warren Sap – NFL football player

Terrell Owens – NFL football player

Leon Spinks – boxer

Stephen Baldwin – actor

Jose Conseco – MLB baseball player

Janice Dickinson, self proclaimed first supermodel

Vince Neil – musician, lead singer of Motley Crue

Donna D’Errico, former Baywatch actress and ex-wife of Nikki Sixx of Motley Crue

George McGovern – former presidential candidate

John Conally – Texas governor who was injured while riding with President John F. Kennedy at the time of his assignation

Curtis Jackson, aka Fifty Cent- rapper, actor, entertainer 

Zsa Zsa Gabor- actress

Perez Hilton- gossip columnist and reality TV star

David Bowie- musician 

Meatloaf- musician

Don Johnson- actor 

Stephen Baldwin- actor, brother of Alec Baldwin

This list is only a small sample of the many celebrities that have fallen onto hard times and filed bankruptcy to help. As you can see, anyone can be impacted by their finances- even those who seem to have it all. It can happen to anyone, so don’t be hard on yourself when you are considering bankruptcy as an option. These celebrities were given a second (and sometimes third) chance to get rid of their debt, to get rid of their stress and to start over fresh. 

Call us today so we can give you a free financial consultation to see how filing for bankruptcy can help you. Don’t feel overwhelmed by money anymore! We are here to help. 

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