Stephen Baldwin Declares Bankruptcy
By Mary Papenfuss, Newser Staff
Posted Jul 22, 2009 3:14 AM CDT
Actor Stephen Baldwin and daughter Alia arrive at a screening of We TV's "High School Confidential" in New York earlier this year.   (AP Photo/Peter Kramer)

(Newser) – Stephen Baldwin has declared bankruptcy after grappling unsuccessfully with millions of dollars of debt, reports AP. The actor owes $1.2 million in mortgages on a New York property, $1 million in back taxes and $700,000 in credit card debt, according to documents filed yesterday in a New York court. Baldwin recently quit the NBC program I'm a Celebrity, Get Me Out of Here after suffering more than 100 insect bites.

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Showing 3 of 8 comments
Jul 22, 2009 12:52 PM CDT
I can get you a used Green Prosperity cloth real cheap.
Jul 22, 2009 12:34 PM CDT
Where's your Messiah NOW?
Jul 22, 2009 11:58 AM CDT
So he BK. Who cares?