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THURSDAY, NOVEMBER 26, 2009
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Stephen Baldwin Declares Bankruptcy

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(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.

Actor Stephen Baldwin and daughter Alia arrive at a screening of We TV's
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)
Actor Stephen Baldwin filed for bankruptcy protection yesterday.
Actor Stephen Baldwin filed for bankruptcy protection yesterday.   (AP Photo/Jeff Christensen)
Stephen Baldwin arrives at the premiere of
Stephen Baldwin arrives at the premiere of "The Pink Panther 2" at the Ziegfeld Theatre earlier this year.   (AP Photo/Peter Kramer, file)
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13 comments
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Kookey90
Jul 22, 09 6:45 AM CDT
I'm glad I didn't loan him any money. Reply
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+2
Ucantusethatname
Jul 22, 09 6:58 AM CDT
So he BK. Who cares? Reply
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+3
DarkFrancis
Jul 22, 09 7:34 AM CDT
Where's your Messiah NOW? Reply
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+2
Fondue
Jul 22, 09 7:52 AM CDT
I can get you a used Green Prosperity cloth real cheap. Reply
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+1
DavoMax
Jul 22, 09 8:08 AM CDT
Bankruptcy? Isn't that kinda like a bailout? Isn't he a Republican? Interesting. Maybe now he will move to Canada like he promised if Obama won the election. Reply
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