Stephen Baldwin Bankrupt

Posted on 22. Jul, 2009 by CSS in Bankrupt, Cha-Ching$$, Entertainment, Real Estate, Recession

stephen baldwin files bankruptcy www.hometownhollywood.comStephen Baldwin, who recently appeared on the NBC reality series I’m A Celebrity … Get Me Out of Here, filed for bankruptcy in New York City on Tuesday.

Reuters has learned that the 43-year-old star — who is the younger brother of Emmy-winning actor Alec Baldwin — filed for Chapter 11 protection this afternoon after falling $2.3 million in debt.

According to today’s filing, Stephen Baldwin owes $1.1 million on a New York property, $1 million in taxes, and has significant credit card debt.

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