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Actor Stephen Baldwin files for bankruptcy in NY
(Agencies)
Updated: 2009-07-22 10:32
NEW YORK - Actor Stephen Baldwin, brother of Emmy winner and "30 Rock" star Alec Baldwin, filed for bankruptcy in New York on Tuesday, according to a court document that says he is millions in debt. The 43-year-old actor filed for Chapter 11 protection claiming he owes more than $2.3 million and owns a New York property valued at only $1.1 million. His wife, Kennya Baldwin, also is named in the document. Baldwin, who has appeared in films including "The Usual Suspects" in 1995 as well as more recently in U.S. celebrity and reality television shows, owes about $1.2 million on two mortgages on the New York property and more than $1 million in taxes. He also has credit card debt, court papers showed. A lawyer for Baldwin had no comment. New York newspaper Newsday reported earlier this month that a homeless man who was allowed to live on Baldwin's property was arrested on heroin charges and suspected of dealing drugs. Police told the newspaper that Baldwin, who has described himself as a born-again Christian, was shocked and just trying to do a good deed. |
