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Stephen Baldwin: Files for bankruptcy

Posted By: karenofhearts

Posted: July, 22 2009

Stephen Baldwin: Files for bankruptcy

Stephen Baldwin, American actor and the youngest of the Baldwin brothers, filed for bankruptcy in federal court in New York on Tuesday.

The 43 year old actor has filed for Chapter 11 bankruptcy. The court paper shows that Baldwin owes $1.2 million in two mortgages on a property about 30 miles north of New York City valued at $1.1 million.

The youngest of the acting Baldwin brothers also owes more than $1 million in taxes and has about $70,000 in credit card debt. His wife, Kennya Baldwin, also is named in the document.

Bruce Weiner, Baldwin's lawyer, did not comment anything.

Baldwin has appeared in several films including "The Usual Suspects" in 1995.

Baldwin is a star of "The Celebrity Apprentice". Last month, the actor left the Costa Rican set of the NBC show "I'm a Celebrity ... Get Me Out of Here!" after he said he got more than 125 insect bites in eight days.

 

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