« Continue Browsing

e-mail article Print     e-mail article E-mail

Associated Press, Published February 09 2012

Actor Gary Busey files for bankruptcy in Los Angeles

LOS ANGELES — Court records show Gary Busey has filed for bankruptcy and is listing more than $500,000 in estimated personal debts.

Busey's filing on Tuesday in Los Angeles provides few details but includes more than a dozen potential creditors.

The actor and reality show star does not state a reason for the filing. His manager Ron Sampson wrote in a statement the filing provides Busey “a new and clear path” to personal and career success.

The filing states the 67-year-old has less than $50,000 in assets.

Busey has starred in numerous films including “Point Break” and “Lethal Weapon” but has in recent years appeared more on reality shows such as “Celebrity Apprentice.”

The filing was first reported Wednesday by celebrity website TMZ.


Copyright © 2012 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.