50 Famous People that have File Bankruptcy

If you are thinking about filing bankruptcy, you may think that you are the only one in this position. Thousands of individuals file bankruptcy every day to help them get back on a straight financial path. JC Penny, Pier 1 imports, and Toys R Us are only a few of the big companies that have used the bankruptcy process. However, many individuals have used bankruptcy to help them get financially ahead. 

Here is a list of 50 Famous People that Filed  Bankruptcy:

  1. Donald Trump 
  2. Dave Ramsey 
  3. Larry King 
  4. Toni Braxton
  5. Marvin Gaye
  6. David Bowie 
  7. Mick Fleetwork 
  8. Abraham Lincoln 
  9. Willie Nelson 
  10. Burt Reynolds 
  11. Meatloaf 
  12. Archie Griffin 
  13. David Crosby 
  14. Isaac Hayes 
  15. Jerry Lewis 
  16. Ulysses S. Grant 
  17. Mickey Rooney 
  18. Mark Twain 
  19. Henry Ford 
  20. Nicholas Cage 
  21. Vince Neil 
  22. Kim Basinger 
  23. 50 Cent 
  24. Gary Coleman 
  25. Latoya Jackson
  26. Cindy Lauper 
  27. Thomas Jefferson 
  28. George Jones 
  29. MC Hammer 
  30. Aaron Carter 
  31. Randy Quaid 
  32. Walt Disney 
  33. Anita Bryant 
  34. P.T. Barnum 
  35. Elton John 
  36. Mike Tyson 
  37. Shane Filan 
  38. Abby Lee Miller 
  39. Stan Lee 
  40. Teresa Giudice 
  41. Joe Francis
  42. Milton Hershey 
  43. Abby Lee Miller 
  44. Jose Conseco 
  45. Janice Dickinson 
  46. Casey Anthony 
  47. Michael Vick
  48. Vince Neil 
  49. Sherman Hemsley 
  50. Johnny Unitas 

Each year this list continues to get longer. These people all used the protections of the Bankruptcy Court to get rid of their debt and start over. 

What To Learn From Individuals Who Filed Bankruptcy 

Unforeseeable circumstances can happen to everyone, even celebrities. If celebrities who are well off can get into financial trouble then it shows it can happen to anyone. The take away is that you can file bankruptcy and still be okay in the future.  For example, Walt Disney filed bankruptcy before he opened Walt Disney. He went on to build a 98 billion dollar brand. Donald Trump is one of the most well-known examples of someone who bounced back after filing bankruptcy. There is a life after bankruptcy. 

Regaining Credit After Bankruptcy 

Individuals can rebuild their credit after filing bankruptcy. For many, bankruptcy can help rebuild their credit score. With less debt, individuals sometimes see an increase in their credit scores right after filing bankruptcy. Individuals are able to get car loans, credit cards and mortgages after filing bankruptcy. 

 

“It Is never too late to start over financially” 

If you are in debt and need help, contact Karra L. Kingston Esq. at (973)-979-9078. Karra L. Kingston Esq. helps individuals in and around Staten Island, New York and New Jersey file bankruptcy and get out of debt.