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Famous People Who Have Filed for Bankruptcy

Published December 18, 2019 by Amourgis & Associates
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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At Amourgis & Associates, Attorneys at Law, we only represent consumers. We fight for regular people who have been seriously hurt in accidents. We fight for people who are being crushed by overwhelming debt and need a fresh start. We fight for individuals and families. Never businesses. Never insurance companies. We are loyal to the consumer.

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