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Baldwin brother bankrupt | Celebrity Worship
 

Home > Blogs > Celebrity Worship > Archives > 2009 > July > 22 > Entry

Baldwin brother bankrupt

Being a Baldwin Brother isn’t as bankable as you might guess.

Stephen Baldwin, the third most handsome Baldwin in my humble opinion, is millions of dollars in debt and has filed for Chapter 11 bankruptcy, according to reports from the Associated Press.

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* Alec Baldwin and little brother Stephen Baldwin (AP)

He’s not the crazy one - most kooky goes to Daniel Baldwin - but Stephen is very odd indeed.

He did after all baptize Spencer Pratt in the jungles of Costa Rican.

A federal court filing Tuesday, July 21, shows that Baldwin and his wife owes $1.2 million in two mortgages on a property about 30 miles north of New York City valued at $1.1 million.

The document shows he also owes more than $1 million in taxes and has about $70,000 in credit card debt.

This maybe explains why he signed up to appear on “I’m a Celebrity … Get Me Out of Here!”

What do you think?

Permalink | Comments (1) | Post your comment | Categories: Star trouble

Comments

By Daytonian

July 22, 2009 3:30 PM | Link to this

Girlfriend - this is news if Rhine is bankrupt!!
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