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Thursday, February 9, 2012

Gary Busey bankruptcy

Gary Busey bankruptcy

Gary Busey bankruptcy Gary Busey files for Chapter 7 Oscar-nominated actor Gary Busey, 67, has reportedly filed for bankruptcy . Buseyreportedly names the IRS, the UCLA Medical Center  and a woman who recently sued him as his creditors. He's starred in more than 70 movies  and been on several TV shows.




- 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."
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."

The filing was first reported Wednesday by celebrity website TMZ.
California - Former Tulsan and Nathan Hale High School graduate Gary Busey, 67, has filed for Chapter 7 bankruptcy saying he has less than $50,000 to his name, according to TMZ.com.
Busey has starred in 70 movies including The Buddy Holly Story, Lethal Weapon, Silver Bullet, Rookie of the Year and Under Siege.

According to TMZ.com, Busey lists a long list of creditors including the IRS, Wells Fargo and the UCLA Medical Center.

TMZ.com also lists a woman named Carla Loeffler who is suing Busey for what she calls an assault at Tulsa International Airport in May 2011.

After graduating from Hale High School, Busey headed to Pittsburg State University in southeast Kansas on a football scholarship, before making his way to Hollywood.

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