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Rhode Island Bankruptcy Law Center at Fabisch Law, L.L.C.
For a Free Bankruptcy Evaluation Call (401) 324-9344

Famous Bankruptcy Filers

If you're feeling alone and depressed because you have problems with debt, cheer up -- you're in the company of the (fleetingly) rich and (mostly) famous.  As the following list of famous people confirms, anyone can find themselves unable to pay their bills.  A high income does not prevent you from experiencing financial problems.  This list proves that financial troubles are not limited by socio-economic status.  People with all levels of income can overcome their financial problems by filing bankruptcy.  Most of these celebrities not only recovered financially, but many went on to earn great wealth after filing bankruptcy.

  • Phineas Taylor (P.T.) Barnum - Founder of Barnum Circus (who later merged his circus with James Bailey to form Barnum & Bailey Circus)
  • Kim Basinger - Actress
  • L. Frank Baum - Wizard of Oz author
  • King Edward II - 14th century English King
  • Lorraine Bracco - Actress (Dr. Melfi - Sopranos) 
  • Mathew Brady - Distinguished Civil War photographer
  • Toni Braxton - Singer
  • George Clinton - Singer ("Atomic Dog")
  • Samuel L. Clemens ("Mark Twain") - Author
  • Natalie Cole - Singer
  • Gary Coleman - Actor (Arnold - Different Strokes)
  • John Connally - Former Texas Governor
  • Francis Ford Coppola - Film Director/Producer
  • Cathy Lee Crosby - Actress
  • Vic Damone - Singer
  • Dorothy Dandrdge - Actress
  • Dino De Laurentis - Film Producer
  • Walt Disney - Film Producer & Theme Park Pioneer
  • Eddie Fisher - Actor
  • Mick Fleetwood - Singer (Fleetwood Mac)
  • Heidi Fleiss - Clothing Line Founder & Famous Hollywood Madam
  • Henry Ford - First two automobile companies failed 
  • William Fox - Co-founder of 20th Century Fox Film Corporation
  • Marvin Gaye - Singer
  • Andy Gibb - Singer
  • Charles Goodyear - Founder of Goodyear Tire Co.
  • Ulysses S. Grant - 18th U.S. President & Civil War General
  • Bob Guccione - Publisher/Founder of Penthouse Magazine
  • Merle Haggard - Bakersfield, California raised County & Western Singer 
  • Corey Haim - Actor (Star of The Lost Boys (1987))
  • Dorothy Hamill - Olympic Ice Skater
  • M.C. Hammer - Singer/Rapper ("Can't Touch This")
  • Richard Harris - Actor/Producer/Director
  • Isaac Hayes - Songwriter/Musician/Singer
  • Henry John Heinz - Famous Condiment Manufacturer
  • Sherman Hemsley - Actor (George Jefferson from The Jeffersons)
  • Milton Snavely Hershey - Founder of Hershey's Foods Corp.
  • Ron Isley - Singer
  • Jermaine Jackson - Singer (Michael Jackson's brother) 
  • Joe & Katherine Jackson - Parents of the Michael Jackson
  • La Toya Jackson - Singer (Michael Jackson's sister)
  • Randy Jackson - Singer (Michael Jackson's brother)
  • Tito Jackson - Singer (Michael Jackson's brother)
  • Thomas Jefferson - American Founding Father and President
  • Don Johnson - Actor/Producer
  • Kacey Jones - Singer
  • Chaka Kahn - 80's R & B Singer
  • Larry King - Talk-show Host/Author
  • Bowie Kuhn - Former Major League Baseball Commissioner
  • Lorenzo Lamas - Actor
  • Cyndi Lauper - 80's Singer
  • Stan Lee - Co-creator of Spider Man, The Incredible Hulk, The X-Men, etc.
  • Jerry Lewis - Actor
  • Jerry Lee Lewis - Singer
  • Meat Loaf - Singer
  • Jorge & Joanne Lopes - Winners of the $110.3 million 2002 Big Game Multi-state Lotto jackpot. 
  • Wolfgang Amadeus Mozart - Famous Musical Composer
  • Willie Nelson - Country & Western Singer/Songwriter
  • Wayne Newton - Famous Singer/Actor who regularly performs in Las Vegas 
  • Immanuel Nobel - Father of Alfred Nobel (who founded Nobel prizes)
  • Johnny Paycheck - Country & Western Singer
  • Tom Petty - Singer
  • Susan Powter - Exercise/Fitness Expert
  • Burt Reynolds - Actor/Director
  • Debbie Reynolds - Actress/Singer
  • Rembrandt Heremenszoon Van Rijn - Famous Dutch painter
  • Juan Rodriguez - $149 million New York Mega Millions Lotto jackpot winner (He filed shortly before winning). 
  • Mickey Rooney - Actor
  • Harry Saltzman - Film Producer (James Bond movies)
  • Shenandoah - Country Music Band 
  • Anna Nicole Smith - Model/Actress
  • James & Lynne Spears - Britney Spear's parents
  • William G. Stern - British property mogul
  • J. Fife Symington - Governor of Arizona
  • Donald Trump's Trump Hotels and Casino Resorts Inc.
  • Mike Tyson - Boxer
  • Johnny Unitas - Hall of Fame Quarterback
  • Oscar Wilde - Acclaimed Author and Poet
  • Tammy Wynette - Singer

Learn About Bankruptcy Options

Chapter 7 - Individual Bankruptcy
Chapter 13 - Individual Bankruptcy
Chapter 11 - Individual or Business Bankruptcy
Chapter 12 - Family Fisherman Bankruptcy

Learn More About Bankruptcy

Bankruptcy Frequently Asked Questions
Glossary of Bankruptcy Terms

Famous Bankruptcy Filers

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Though our offices are in Warwick and Newport, we will gladly accept cases across Rhode Island and South Eastern Massachusetts including, but not limited to, the following communities:
In Rhode Island:
Block Island, Bristol, Burrillville, Central Falls, Charlestown, Coventry, Cranston, Cumberland, East Greenwich, East Providence, Exeter, Foster, Glocester, Hopkinton, Jamestown, Johnston, Lincoln, Little Compton, Middletown, Narragansett, Newport, New Shoreham, North Kingstown, North Providence, North Smithfield, Pawtucket, Portsmouth, Providence, Richmond, Scituate, Smithfield, South Kingstown, Tiverton, Warren, Warwick, Westerly, West Greenwich, West Warwick, Woonsocket.
In Massachusetts:
Fall River, New Bedford, Brockton, Norfolk, Wrentham, Easton, Attleboro, North Attleboro, Dartmouth, Taunton, Raynham, Rehoboth, Norton, North Seekonk, Somerset, Assonet, Freetown, Acushnet, Walpole, Sharon, Franklin, Belingham, Milford, Mansfield, and Foxboro.
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  • About
    • Staff
    • Firm News
  • Practice Areas
    • Bankruptcy >
      • RI BK FAQ
      • Famous Bankruptcy
      • RI Exemptions
      • Bankruptcy Glossary
      • Chapter 7 Bankruptcy
      • Chapter 13 Bankruptcy
      • Chapter 12 Bankruptcy
      • Chapter 11 Bankruptcy
    • Elder Law and Estate Planning >
      • Special Needs Planning
      • Estate Planning
      • Nursing Home and Medicaid Planning
    • Litigation and Appeals >
      • Probate and Estate Administration
      • Municipal and Administrative Law
      • Unemployment Law
      • Special Education and Disability Advocacy >
        • Special Education
        • SSI Appeals
  • Probate and Estate Planning Blog
  • Articles
  • Schedule an Appointment
    • Intake Forms
  • Pay My Bill