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Stephen Baldwin Files For Bankruptcy

stephen-baldwin-bankruptcyActor Stephen Baldwin filed for bankruptcy at a New York court yesterday, a Wall Street Journal blog reports. Baldwin has just had a string of bad luck lately. It first started with him going on I'm A Celebrity where he abruptly left the show due to extreme bug bites. Then shortly after that he and his wife allowed a homeless man to sleep on their property who was arrested on heroine charges and suspected of dealing drugs. Now papers are claiming that Baldwin owes a bank nearly $1.2 million on one mortgage and owes almost $900,000 to the IRS, $200K to New York State and $70K to credit card companies.
And, on top of that, Baldwin's Upper Grandview, N.Y., home is set to be auctioned off on Wednesday, and his other Rockland County home is also on the market.
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  • kelly  said:
    2 years ago (July 22, 2009 - 10:06pm) 0 Votes

    i guess this guy needed to do more reality shows

  • beth  said:
    2 years ago (July 22, 2009 - 10:07pm) 0 Votes

    yeah i thought the king of reality shows was rolling in the dough. i wonder where it all went

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