The comedian Sinbad recently filed for Chapter 7 bankruptcy protection. Hey, it happens to even the famous among us. Money troubles are not limited to the infamous. They happen to many of all walks of life. According to documents received, Sinbad (David Adkins) has liabilities of $10,991,715 and assets of $131,126. While there may be …
Word is that Octomom, Nayda Suleman has filed for bankruptcy protection today. The court documents were not available at the time of this post. But it is reported her filing listed $50,000 in assets against up to $1 million in debt. She gave it a good try to make ends meet but in the end …
Financial problems are not limited to just those down and out. High flyers run into their share of trouble as well. Sports agent Leigh Steinberg who is said to be the inspiration behind the movie character Jerry Maguire filed for bankruptcy recently. Steinberg is reported to have represented NFL players Troy Aikman, Steve Young and …
As an avid viewer of England’s soap opera Eastender’s I was personally intrigued by the story of Nicola Stapleton’s father, who was charged with VAT (Value Added Tax) fraud and nonpayment of his penalty. Nicola is well known for her provocative and bad girl role on the show. After a 17 year hiatus from Eastender’s …
A tipster (send in your tips here) sent in this interesting article from NBC Sports about NFL players being an attractive target for bridge loans to get them over their current financial desert while they wait for contract talks to be fruitful. The article states NFL players are being targeted with interest rates as high …
Ed Furlong, of The Green Hornet and way back in Terminator 2 was hauled into court over child support debt last week. TMZ is reporting the actor claimed he could not pay his child support, “I’m out of money. I’m completely broke.” – Source. Apparently he had spent some time the previous day jail over …
by Jesse Eisinger, ProPublica, Over the weekend, the popular rapper 50 Cent urged his 3.8 million Twitter followers to buy [1] the stock of a microscopic company in Florida. The penny stock jumped 290 percent on Monday. The rapper, who owns 7.5 million shares and warrants for 22.5 million more in the company, had a …
Courthouse News is reporting that a business partner of Eva Longoria is suing he for charging him interest in excess of California usury laws. A business partner accuses actress Eva Longoria of usury in a $1 million loan involving a Las Vegas nightclub. Beso, the nightclub, filed for Chapter 11 bankruptcy 2 weeks ago. In …
The Dash Dolls, AKA Kim Kardashian, Khloe Kardashian-Odom, Kourtney Kardashian, and represented by mother Kris Kardashian (aka Kris Jenner), recently pulled out of there deal to market a MasterCard prepaid debit card under their name. The company they had an agreement with on this card is none too happy and has sued the sisters and …
Despite all the promises to pay her rent on time, it is reported the landlord of Nadya Suleman is really fed up this time and plans to evit Octomom and her, soon. TMZ reports the landlord he just served Octo’s lawyer with a letter demanding she pay the full $450,000 balance plus interest by December …