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1. Mekhi Phifer

Mekhi has just recently filed for bankruptcy. He submitted court papers in April, claiming his debts have spiraled to $1.3 million – including $1.2 million in back taxes, $50,000 on lawyer fees and another $4,500 in child support.

2. Michael Vick

Michael Vick filed one of the biggest bankrupcies ever.

3. Chris Tucker

Chris Tucker, he bank claims he owes more than $4.4 mil on his new home.

4. Kim Basinger

Kim Basinger was one of the top earning stars in the 80’s but mismanaged her money and spending i.e. purchased a town in Georgia?

5. Larry King

Talk show host Larry King filed for bankruptcy in 1978.

6. L.T.

Former NY Giants linebacker Lawrence Taylor filed for bankruptcy in 1998.

7. Marion Jones

Legal fees stemming from steroid use led Marion Jones into Bankruptcy.

8. MC Hammer

9. Mike Tyson

Mike Tyson was once one of the top grossing boxers earning over $300 million.