Wednesday, July 22, 2009

Stephen Baldwin Bankrupt: Stephen Baldwin Files for Bankruptcy

Stephen Baldwin picture

Stephen Baldwin, 43, the youngest of the Baldwin brothers, has filed for bankruptcy in a New York court.

The I'm A Celebrity... Get Me Out Of Here star filed for Chapter 11 protection on Tuesday, claiming that he is $2.3 million in debt but only owning a $1.1 million New York property.

According to reports, Stephen Baldwin owes $1.2 million on two mortgages on the property, $1 million in taxes, and has about $70,000 credit card debt.

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