It's no mystery that movie stars can fill up a bank account rather quickly. But, living a life in the spotlight brings added pressure from sources like drugs, alcohol and gambling, which can make those funds disappear rather quickly.
"Lethal Weapon" star Gary Busey, who appeared on Season 2 of "Celebrity Rehab with Dr. Drew," has had a well-documented history of substance abuse problems. He even admitted in an interview on "Access Hollywood" that his addictions brought him to such a low point that he had once inhaled drugs off his dog. Busey's vices seem to have finally caught up with him though, as multiple sources report that he has filed for Chapter 7 bankruptcy in California.
"As with many great American institutions, i.e., General Motors, American Airlines and many others who have utilized the strategic business tool called bankruptcy, Gary Busey's filing is the final chapter in a process that began a few years ago of jettisoning the litter of past unfortunate choices, associations, events and circumstances that visited themselves upon this great American icon," the actor's publicist Michael Conley said in a statement.
Busey reportedly indicated that he has less than $50,000 worth of assets, but owes between $500,000 and $1 million to the Internal Revenue Service, various lawyers, UCLA Medical Center, Wells Fargo and L.A. County Waterworks Districts, among others.
It can be easy to get caught up amid the turmoil of addictions. Wealthy or otherwise, Californians that have used up all of their funds and cannot pay off the debt they've accrued over time should find a trusted bankruptcy attorney that can help them find a solution to get them back on their feet.
Attorney Search Network is a California state bar certified legal referral service that helps clients find an attorney for nearly any type of case, whether they require a family lawyer, bankruptcy attorney, estate planning attorney or criminal lawyer.
