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Post by Hey Man on Feb 8, 2012 14:31:40 GMT -5
LOS ANGELES (AP) -- Court records show Gary Busey has filed for bankruptcy and is listing more than $500,000 in estimated personal debts.
Busey's filing on Tuesday in Los Angeles provides few details but includes more than a dozen potential creditors.
The actor and reality show star does not state a reason for the filing. His manager Ron Sampson wrote in a statement the filing provides Busey "a new and clear path" to personal and career success.
The filing states the 67-year-old has less than $50,000 in assets.
Busey has starred in numerous films including "Point Break" and "Lethal Weapon" but has in recent years appeared more on reality shows such as "Celebrity Apprentice."
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