Famous Bankruptcy Cases

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