Famous Bankruptcy Cases
Clients often feel a sense of guilt or shame when contemplating bankruptcy. Most clients feel as though they are the alone. This list of famous bankruptcy cases shows that people - even famous people can end up in financial trouble.
We are not suggesting that bankruptcy is an easy choice that should be taken lightly because Abraham Lincoln and Walt Disney filed for bankruptcy. It is in fact a very serious and important decision. This list simply illustrates that if the financial climate or unanticipated circumstances catch a person off guard, almost anyone can be susceptible to bankruptcy. More importantly, this list shows that even after filing for bankruptcy, it is possible to be highly successful after obtaining a fresh start. Consult with an attorney from JC Law Group PC to help you obtain a fresh start.
Abraham Lincoln
16th President of the United States
Benedict Arnold
Betrayed colonists to British
P.T. Barnum
The Great American circus owner
John Barrymore
Actor; Romeo & Juliet
Kim Basinger
Oscar - winning actress (1993)
Frank Baum
Wizard of Oz author
Bjorn Borg
Pro tennis player
Lorraine Bracco
Oscar - nominated actress (1999)
Toni Braxton
rock star (1998)
Lenny Bruce
Comic; Multiply obscene comic
Buffalo Bill
Wild West showman
Anita Bryant
singer, 1958 Miss America 2nd runner up (1997)
Tia Carrere
Actor; Wayne’s World
Miguel de Cervantes
Novelist; Don Quixote
Marvin Gaye
singer (1970s)
Charles Goodyear
19th century American inventor, who discovered how to vulcanize rubber
Ulysses S. Grant
18th US President; Civil War general, best-selling American Author, face is pictured on the US fifty dollar bill ( 1884 after leaving office)
Dorothy Hamill
Olympic gold-medal ice-skater (1996)
M.C. Hammer
rock star (1996)
George Frideric Handel
Messiah composer
H.J. Heinz
Founder of Heinz Ketchup
Milton Snavely Hershey
founder of Hershey’s chocolate
La Toya Jackson
rock star (1995)
Don Johnson
actor-producer
Chaka Kahn
rock star
Charles Keating
Morality crusader, white-collar swindler
Larry King
talk-show host, best selling American author (1978)
Marion “Suge” Knight
Death Row Records Rap Producer 2006
Bowie Kuhn
former US baseball commissioner
Cyndi Lauper
rock star (1983)
Debbie Reynolds
Oscar nominated actress-singer, American Author (1997)
Mickey Rooney
Oscar nominated actor, American Author (1962)
Run DMC
Rap Group in 1993
Oskar Schindler
activist who saved over 1000 Jews from the Nazis
Shenandoah
country music band (1991)
Anna Nicole Smith
Model-Actress, 1993 Playboy magazine “Playmate of the Year”(1996)
Dee Snider
frontman for Twisted Sister, musician
James Wilson
U.S. Supreme Court Justice (1789-1798)
Samuel L. Clemens (“Mark Twain”)
best - selling American author - humorist (1894)
Natalie Cole
singer
Francis Ford Coppola
Oscar - winning film writer - director - producer (1999)
David Crosby
singer / songwriter
John DeLorean
Automobile designer and entrepreneur
Walt Disney
Oscar - winning film producer, animation & theme park pioneer (1923)
William C. Durant
Founder of General Motor
Chris Eubank
Former World Champion Boxer (2005)
Eddie Fisher
Singer; crooner dumped by Liz Taylor
Mick Fleetwood
rock star, lead member of “Fleetwood Mac” (1984)
Henry Ford
Automobile manufacturer
Red Foxx
actor – entertainer
Zsa Zsa Gabor
Actress
Stan Lee
Comic book industry pioneer , co-creator “Spider Man,” “The Incredible Hulk,” “The X-Men” etc (2001)
Jerry Lewis
comic
Jerry Lee Lewis
famous Rock n’ Roll star
Meat Loaf
rock star (1983)
Joe Louis
Boxer (1956)
George McGovern
politician (1991)
William McKinley
25th US President (1897-1901)
Willie Nelson
singer-songwriter-actor, American Author (1990)
Wayne Newton
singer-actor - entertainer (1992)
Immanuel Nobel
father of manufacturers - philanthropist Alfred Nobel , who founded the Nobel Prize (twice - 1833/year Alfred was born, 1856/ when Alfred was 23)
Tom Petty
rock star (1979)
Buddy Post
Lottery millionaire
Susan Powter
exercise/fitness expert, talk show host, best selling American Author (1995)
Randy Quaid
actor
Lynn Redgrave
actress
Rembrandt
painter
Burt Reynolds
Oscar-nominated actor - director , American Author (1995)
Lawrence Taylor
NFL hall of famer
Donald Trump
billionaire entrepreneur
TLC
rock group (1995)
Mark Twain
Huckleberry Finn author
Mike Tyson
boxer (2003)
Johnny Unitas
legendary Hall of Fame football quarterback
Oscar Wilde
acclaimed poet and author