Stephen Baldwin Files For Bankruptcy

Actor Stephen Baldwin filed for bankruptcy on Tuesday in a New York court.

The 43-year-old actor filed for Chapter 11 protection claiming he owes more than $2.3 million and owns a New York property valued at only $1.1 million. His wife, Kennya Baldwin, also is named in the document.

Baldwin has had a rough time of late. Earlier this month a homeless man he let live on his property was arrested on heroin charges.

That occurred shortly after Baldwin returned from the jungle in late June, where he was a contestant on "I'm a Celebrity, Get Me Out Of Here," which he abruptly left. He quit citing extreme bug bites.

And earlier in June his home faced foreclosure.

His attorney is Bruce Weiner according to the filings.

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Comments

[soccerlover]

I am surprised they don't mention Baldwin http://www.youtube.com/watch?v=F68U0v1UNCc

[BushBites]

"Bible" Baldwin is a deadbeat.

[iplaw]

Couldn't happen to a dumber guy.

[jjgg5]

The Baldwin talent began and ended with Alec. Stephen, it might be time to get a real job.

[brahdog]

Mixed feelings about my schadenfreude on this. He seems like a wingnut born-again mess, but he gets a star for taking in someone less fortunate.

[Bude]

Can a man earn a living by talking about how broke he is?

[nik101]

Every family has a black sheep. The Baldwin's has theirs.

[drewziGNY]

I guess the offers from the straight-to-video industry haven't been pouring in.....

[Fingerbo]

Hey, Stephen, where's your messiah now?

[drewziGNY]

Hangin' out with Alec and William....

[iplaw]

"First prize is a Caddilac......."

[LMPE]

So what? His career highlight was "Bio-Dome" with Pauly Shore.

[fargo1]

As weird as he may be he was adorable on Celebrity Apprentice. Except one thing. He lost. Woe is Steven. Spending money on $400 diners and $900 theatre seats and now bankrupt. It is so sad.
But Steven dear, me doth think no one here can feel your pain. They would need to be able to reach you first! Don't tell me your mother never told you to save $$$ for a rainy day!
Get over it fellow and get a job!

[NotMcCain]

He's not really bankrupt, though.

Declaring bankruptcy this way just means he walks away from some big debts without ever having to actually PAY for anything.

What a con.

[drewziGNY]

Here's hoping he gets the part in the next TBN or ION made-for-TV movie.....

[Forester]

Bankrupt, on so many levels.

[iblogleft]

:-)

[Unitynow8]

I thought he was moving to Canada anyway if President Obama won.

Side note, shouldn't these nifty auto spell checks have the word Obama added by now and stop showing it as spelling error.

[Burkelbile]

jesus and the republicans will supply him with a bridge loan

[nowThenzen]

nice

[profounddogs]

...to nowhere.

[Jinpachi]

also nice

[litmiss]

Stephen Baldwin was in Athens, Alabama "scouting locations for a movie" on July 9th - received money from Western Union. I wasn't there, but by all accounts he seemed quite cordial to the people who spoke to him.
http://www.enewscourier.com/archivesearch/local_story_191225101.html

[iplaw]

Sending money by Western Union? No wonder he is broke. Does he also use payday loans?