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Old 02-09-2012, 11:55 AM   #1
rkolinski rkolinski is offline
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Default Gary Busey files for bankruptcy, cites 1M debt & 50K in assets



Gary Busey -- who's starred in more than 70 movies -- has less than $50,000 to his name ... and more than $500,000 in various debts ... this according to official documents obtained by TMZ.


67-year-old Busey filed for Chapter 7 bankruptcy in California yesterday. Busey checked the box showing he has less than $50,000 in assets ... and somewhere between $500,000 and $1,000,000 in various debts.


In the docs, Busey indicates he might owe money to everyone from the IRS ... to various lawyers ... UCLA Medical Center ... Wells Fargo ... L.A. County Waterworks Districts ... and a storage company.


He also notes that he might owe money to a woman named Carla Loeffler, who sued Busey for allegedly attacking her at a Tulsa airport back in May.


Interestingly, we shot Gary out in Malibu on Monday -- a day before he filed -- and he didn't seem all that fazed by the whole bankruptcy thing ... dancing his face off in a parking lot.

A rep for Gary tells TMZ, "Gary's filing is the final chapter in a process that began a few years ago of jettisoning the litter of past unfortunate choices, associations, circumstances, and events."http://www.tmz.com/2012/02/08/gary-b...kruptcy-broke/
The Alamo, Amistad, Black Rain (Jp), The Enemy Below, Far from the Madding Crowd, Gray Lady Down, The Incredible Shrinking Man, Interrupted Melody, Lust for Life, Mississippi Burning, Moby Dick (Gregory Peck), The Other Sister, Ryan's Daughter, Searching for Bobby Fischer, Sink the Bismarck, Swing Kids, Testament, Them, The Thing from Another World, War of the Worlds (Orig.) & When Worlds Collide

Last edited by rkolinski; 02-09-2012 at 02:28 PM.
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Old 02-09-2012, 12:34 PM   #2
bluearth bluearth is offline
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Dont hate the person, but hate the actions and decisions, which he is now paying for dearly
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Old 02-09-2012, 07:26 PM   #3
Col. Zombie Col. Zombie is offline
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Quote:
Originally Posted by bluearth View Post
Dont hate the person, but hate the actions and decisions, which he is now paying for dearly
Don't forget the tulips, dandelions and rainbows.
"If your apartment is hit by a dolphin, don't go outside to see if the dolphin is okay. That is how the hurricane tricks you into coming outside."


I'm feeling Megatronic. Give me a colonic.
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Old 02-09-2012, 07:30 PM   #4
bboisvert bboisvert is offline
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Quote:
Originally Posted by bluearth View Post
Dont hate the person, but hate the actions and decisions
How do you separate those two? Aren't actions and decisions part of a person's makeup?

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Originally Posted by bluearth View Post
which he is now paying for dearly
Um... no. Actually, what this filing is trying to accomplish is to make sure that he DOESN'T pay for these actions and decisions.

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Old 02-09-2012, 07:33 PM   #5
Samus Aran Samus Aran is offline
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He wasn't the same person after his accident.
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