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71 Celebrities Who Went Broke & Couldn’t Pay Back Their Loans & Mortgage Rates

#41. Jose Canseco

Canseco was one of the most famous MLB players of his time. Unfortunately, he had a huge debt and had to file for bankruptcy in 2012. He later blamed the IRS for his situation, claiming they took too much money from him.

#42. Stephen Baldwin

Alec’s youngest brother is famous for many films, including the cult thriller The Usual Suspects. Despite being a known Hollywood star, he filed for bankruptcy in 2009 after facing a major financial setback.

#43. Sinbad

The comedian and actor filed twice for bankruptcy — the 2nd time for as much as $11 million, but he claimed he lives a humble lifestyle so there’s no way to know where the heck all the money went.

#44. Mickey Rooney

Rooney was one of the most famous American actors of the previous generation. His career began at age 6 and lasted for almost 90 years, until he died in 2014. He married 8 of the most beautiful Hollywood actresses and played in many films and TV shows. Surprisingly, in 1962, he filed for bankruptcy with only $500 in his account.

#45. Toni Braxton

This six-time Grammy winner has sold more than 40 million albums but filed for bankruptcy twice, with one of them following a debt of more than $50 million!

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