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    Gary Busey files for bankruptcy in Los Angeles

    Associated Press – Thu, Feb 9, 2012

    LOS ANGELES (AP) — 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.

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    • Bama
      Bama  •  3 months ago
      Gary Busey has never been the same since the motorcycle wreck that gave him severe head injuries. Head injuries create havoc sometimes with personality disorders. Perhaps some of his doctors can help him over this difficult time & help him understand the differences that have taken place because of the head trauma.
    • bmm
      bmm  •  Odessa, United States  •  3 months ago
      how is this anyone's business but his ?
      • Steve
        Steve 3 months ago
        Well I would guess that anybody that he owes money to might be interested.
      • ..WhoCares..
        ..WhoCares.. 3 months ago
        Was thinking the same thing Bmm. And Steve, yes his creditors will know via mail. They will receive notification then go to a hearing, all regarding his filing bankruptcy. They certainly don't need to find out through the media.
      • Sharon
        Sharon 3 months ago
        While I agree, this is the down side to being a celebrity - no privacy.
    • dstny79
      dstny79  •  Denver, United States  •  3 months ago
      I love the poor guy. He tries so hard to please those around him that he got sucked in to a horrible mess after his accident. People took advantage, and still are. What happened to helping each other in a time of need? That is what friends and family are for, yet I don't see them backing him up.
      • james k
        james k 3 months ago
        Ask Romney how he helped thousands into early unfunded retirements!
      • Markeetta
        Markeetta 3 months ago
        hey dstny79 did someone spank you until yor brain flew out of your skull
      • dstny79
        dstny79 3 months ago
        markeetta, #$%$ atleast explain your halfbrained comment before flapping at the jaws. We are supposed to set an example for others around us. For your information I graduated with a 3.9GPA. So sorry honey my brain is still there.
    • JosephP
      JosephP  •  Bakersfield, United States  •  3 months ago
      Being a Bankruptcy Attorney, I am not shocked by articles such as this. Actor Gary Busey filed Chapter 7 Bankruptcy in California last Tuesday. Busey has listed more than $500,000 in debts in his Bankruptcy.

      Joseph S. Pearl, LL.M. - A Professional Law Corporation
      1400 Chester Ave., Suite C
      Bakersfield, CA 93301
      661-281-0253
    • kapow
      kapow  •  Nanaimo, Canada  •  3 months ago
      what are you spending your money on. you should be set for life
      • rchar2
        rchar2 3 months ago
        The value of California homes was cut in half and were wall street investments a couple of years ago. Many people are in the same situation as Gary.
      • 911
        911 3 months ago
        many people has made his type of money...he should be set for life!
    • Danny
      Danny  •  Eureka, United States  •  3 months ago
      Gary Busey hasn't been the same since his accident. He obviously suffered brain damage from the accident and reality TV exploits him for that. Leave the man alone. Probably everyone around him takes advantage of him, so I'm not surprised he is bankrupt.
      • Tom
        Tom 3 months ago
        Reality TV is the only thing that got him the $50,000 in assets that he has left.
    • El Kabong
      El Kabong  •  3 months ago
      maybe he can move in with Randy Quaid.....
    • Senility Sam
      Senility Sam  •  Elmhurst, United States  •  3 months ago
      Another dope from hollywood. These twits should take a basic financial class. Lotsa people never made anything near him, yet have a lot more to show for it. Sorry but he's stupid.
    • gregory
      gregory  •  Las Vegas, United States  •  3 months ago
      Another case of living beyond your means...Along with the alcohol & Drugs I'm sure he needs.
    • ROBERT
      ROBERT  •  Phoenix, United States  •  3 months ago
      with a manager like Ron Sampson....Gary is in BIG Trouble....i'd stay clear of this Ron Sampson...met him and don't trust him...Gary keeps getting into bad situations with the wrong people....
    • Tootall
      Tootall  •  Dallas, United States  •  3 months ago
      Poor Gary. He has ever been known for his mental ability. Most of his decisions have been questionable.
      • Surgeon Boy
        Surgeon Boy 3 months ago
        He has a head injury from a motorcicle accident some years back. Forgive him.
    • Lorthog
      Lorthog  •  3 months ago
      Gawd, please don't let them repo his teeth. You know those things could probably supply the porcelain needs of a small Asian country for two decades. It's like he has White Stonehenge in his mouth.
    • lady J.
      lady J.  •  Indianapolis, United States  •  3 months ago
      as it is I like him also as an actor...but if these stars can file Brankrupt and smile about it..so can the average joe.
    • J
      J  •  3 months ago
      For his new career path he is going to be a Zen Monk, just watch.
    • G4
      G4  •  Bloomingdale, United States  •  3 months ago
      GOOD LUCK GARY JUST MAKE ANOTHER $20 MILLION MOVIE YOU CAN DO IT.!
    • Dexman'
      Dexman'  •  Fort Worth, United States  •  3 months ago
      Welcome to my world! Dexman
    • Ronald
      Ronald  •  3 months ago
      Wasn't he in "Rich Man, Poor Man"?
    • Cori
      Cori  •  3 months ago
      That guy aint right. His accident messed up his mind.
    • Miz Val
      Miz Val  •  3 months ago
      Maybe that explains why TMZ caught Gary in the parking lot of a grocery store with his new baby yesterday.. Guess Gary is going to have to do one of two things .Sell your assets or get a job like the rest of us I'm sure someone will use your name to sell their product
    • Frank
      Frank  •  Chicago, United States  •  3 months ago
      Wow, never in a million years did I see this coming.
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