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Entertainment > Gary Busey Bankruptcy

Gary Busey Bankruptcy

This explains a lot about why we've seen too much of Gary Busey on reality shows lately. Not too long ago he was on "Celebrity Wife Swap." I don't know if that show is still being aired; it wasn't worth watching.

From the AP:
"Court records show actor 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."
"

posted on Feb 8, 2012 1:22 PM ()

Comments:

Wayne Newton is another who had the world on a string. I remember going on a bus tour to Hoover Dam and the driver took us by his house. A long time ago. I think he was still performing then. I also remember when he started out, singing Danke Schoen as a child.

comment by boots586 on Feb 12, 2012 1:21 PM ()

Last year Wayne got permission to make his home a tourist attraction with tours and a petting zoo even after the neighbors objected vigorously. If you drive by, you can see the tail of the airplane sticking above the fence. I don't know how they got it there.

reply by troutbend on Feb 19, 2012 3:40 PM ()

Bankruptcies are frequent these days. It hardly deserves a line in a newspaper any more. Didn't he injure his head in a motorcycle accident at the height of his movie career?

comment by jondude on Feb 9, 2012 6:02 AM ()

Yes, he was going around bragging about how he never wore a helmet, outspoken against state helmet laws, and then he just about died in that motorcycle accident and never got over the brain damage.

reply by traveltales on Feb 10, 2012 6:56 PM ()

I guess a lot got lost in drugs--sad.

comment by greatmartin on Feb 8, 2012 4:18 PM ()

He also had that bad head injury from a motorcycle accident - no helmet. I think that keeps getting brought up to take focus off the drugs.

reply by traveltales on Feb 8, 2012 4:24 PM ()

They don't seem to put it away when they have it.

comment by elderjane on Feb 8, 2012 3:28 PM ()

He is really strange - makes up stupid motivational acronyms for any situation - very tedious to watch.

reply by traveltales on Feb 8, 2012 4:25 PM ()

Yes,a lot of these stars have been having problems.Mostly the older one that has been around and not too wise of their money investment.

comment by fredo on Feb 8, 2012 2:11 PM ()

Wayne Newton here in Las Vegas is another one of them. He bought a huge private airplane but couldn't afford to operate it. At one time he had full-time pilots in his employ, had to let them go, and they got a court judgment against him for $300,000 in back wages. Now, he is opening up his home here in Las Vegas to tours in an attempt to make money. He tried making a comeback, but he can't sing worth a darn now.

reply by traveltales on Feb 8, 2012 4:27 PM ()

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