Celebrities who filed for bankruptcy
With bankruptcy claims trading slowing down in the month of August we take a look at a collection of 24 Celebrities who once filed for bankruptcy and managed to bounce back.




1 of 24
Anna Nicole Smith
Anna Nicole Smith
Anna Nicole Smith, the former Playmate model, filed for bankruptcy in 1996, following the death of her billionaire husband J. Howard Marshall. Above: Actress Anna Nicole Smith vamps and poses for the media after attending Betsy Johnson 2004 fall-winter collection shown in New York on Feb. 9, 2004 at Olympus Fashion week. (UPI/Ezio Petersen) | License Photo | Permalink


2 of 24
Sarah Ferguson
Sarah Ferguson
Duchess of York Sarah Ferguson has recently became the first senior royal to ever seek debt relief. Ferguson is reported to be $7.9 million in debt. Above: Sarah Ferguson, Dutchess of York, listens during the "Engaging Philanthropy to Promote Gender Equality and Women's Empowerment" press conference held at the United Nations on February 22, 2010 in New York City. Seminars are being held at the UN to address issues of women empowerment and equality in third-world nations. UPI /Jim Ruymen | License Photo | Permalink


3 of 24
Mike Tyson
Mike Tyson
The hundreds million earned during his boxing career were not enough for Mike Tyson and his lavish lifestyle. Tyson filed for bankruptcy in 2003, owing a debt of $27 million. Above: former Heavyweight champion Iron Mike Tyson waits for the fight card to start at the South Coast Hotel and Casino in Las Vegas, Nv, on July 14, 2006. (UPI Photo/Hugo Philpott) | License Photo | Permalink


4 of 24
Nicolas Cage
Nicolas Cage
Facing bankruptcy in 2009, Oscar-winning actor Nicolas Cage was forced to put several of his properties on the market after failing to pay $6 million in taxes to IRS. Most of Cage's recent movie roles have been seen as "paycheck gigs" taken only because of his pressing debt. Above: Nicolas Cage arrives at "The Sorcerer's Apprentice" Premiere at the New Amsterdam Theatre in New York on July 6, 2010. (UPI Photo/Francis Specker) | License Photo | Permalink


5 of 24
Marion Jones
Marion Jones
Sprinter Marion Jones was in deep debt after spending a significant sum of money on legal representation to fight numerous allegations, linked to the BALCO controversy. Above: Olympic Gold Medalist Marion Jones has tears in her eyes while speaking to the media outside the U.S District Court House in White Plains, New York on October 5, 2007. Jones pleaded guilty Friday to lying to federal investigators about taking banned substances. (UPI Photo/John Angelillo) | License Photo | Permalink


6 of 24
Gary Coleman
Gary Coleman
Gary Coleman, the child star on Diff'rent Strokes, ended up with financial problems. In 2009, Coleman claimed a debt of $72,000, accusing his adoptive parents of stealing about one million of his estate. Above: TV and movie actor Gary Coleman emcee's a timeout during the game between the Dallas Mavericks and Phoenix Suns, AZ April 13, 2006. (UPI Photo/Will Powers) | License Photo | Permalink


7 of 24
Larry King
Larry King
Talk show host Larry king was unable to pay his $352,000 debt in 1978 and had declare bankruptcy. King struggled to get back on his feet and finally has become one of the most famous American anchor. Above: CNN news anchor Larry King watches as the San Francisco Giants lose 4-1 to the Los Angeles Dodgers at AT&T Park in San Francisco on April 7, 2007. (UPI Photo/Aaron Kehoe) | License Photo | Permalink


8 of 24
Lynne Spears
Lynne Spears
Right before Britney Spears' rise to fame, her mother Lynne Spears and husband James filed for bankruptcy in 1998. Above: Lynne Spears poses for photographers at WomenRock!, Lifetime Television's fifth annual concert to fight breast cancer in Los Angeles, September 28, 2004. The show airs October 28th on Lifetime television. (UPI Photo/Francis Specker) | License Photo | Permalink


9 of 24
Natalie Cole
Natalie Cole
Singer Natalie Cole went bankrupt in 1997. Above: Natalie Cole performs at Variety, The Children's Charity of St. Louis' 42 Annual Dinner with the Stars in St. Louis on April 26, 2008. (UPI Photo/Bill Greenblatt) | License Photo | Permalink


10 of 24
Cyndi Lauper
Cyndi Lauper
Singer Cyndi Lauper filed for bankruptcy after splitting with her band Blue Angel in 1980. In spite of her financial struggle, Lauper kept working and released her hit "Girls Just Want To Have Fun" in 1985. Above: Cyndi Lauper performs in concert, during her second annual gay, lesbian and transgenders friendly "True Colors" tour at the Sinatra Theater in the BankAtlantic Center in Sunrise, Florida on June 19, 2008. (UPI Photo/Michael Bush) | License Photo | Permalink


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