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Erotic novelist “Zane” seeks bankruptcy protection

Posted on October 20th, 2014 No Comments

Erotic novelist “Zane” seeks bankruptcy protection

Well-known erotic novelist writing under the pen name “Zane” reportedly sought bankruptcy protection after accruing more than $3 million in liabilities, The Washington Post reported on October 4. Zane, a.k.a. Kristina Laferne Roberts, reportedly filed for Chapter 7 bankruptcy June 11. In her filing, she listed over $3.4 million in liabilities including over $1 million […]

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Former Sugababes member filed bankruptcy

Posted on October 7th, 2014 No Comments

Former Sugababes member filed bankruptcy

Ex-Sugababes member Mutya Buena was ordered to file for bankruptcy after failing to settle her tax bill, Mail Online reported on September 26. Mutya Buena found commercial success in the UK with four number one hits. However, according to reports, she is now personally struggling with money problems, and so is her company “Sacred Three […]

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Celebrity chef burdened by overwhelming debt

Posted on September 3rd, 2014 No Comments

Celebrity chef burdened by overwhelming debt

Chef and TV personality Gordon Ramsay is more than $50 million in debt after his ventures lost millions of dollars last year, an article by Reality TV World stated on August 7. According to reports, Ramsay’s Kavalake Holdings and some of his TV shows in which he offered advice to struggling entrepreneurs lost over $10 million in 2013. […]

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Steve Donner filed for Chapter 7 Bankruptcy

Posted on July 17th, 2014 No Comments

Steve Donner filed for Chapter 7 Bankruptcy

American sports tycoon Steve Donner and his spouse have filed for Chapter 7 bankruptcy at a federal court in Florida, the Democrat & Chronicle reported on July 3. In the bankruptcy documents filed last May, the former owner of Amerks and Knighthawks listed a debt of $9.5 million, while his assets were estimated at $17,000. Much of […]

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Senator proposes to discharge private student loans in bankruptcy

Posted on July 1st, 2014 No Comments

Senator proposes to discharge private student loans in bankruptcy

Senate Health, Education, Labor & Pension Committee chair Senator Tom Harkin (Dem-Iowa) recently proposed to include private school loans as dischargeable debt in bankruptcy cases, the Huffington Post reported on June 25. This proposal would be part of a larger host of changes that would address college debt. Sen. Harkin, who introduced the Higher Education […]

Bankruptcy, Personal Bankruptcy , dischargeable debt, Student loans
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Actor Lorenzo Lamas sought bankruptcy protection

Posted on May 5th, 2014 No Comments

Actor Lorenzo Lamas sought bankruptcy protection

American actor Lorenzo Lamas, 56, recently sought bankruptcy protection after accumulating overwhelming debt, an article by the Mail Online stated on April 29. In the Chapter 7 bankruptcy case filed by the 80’s heartthrob, he had a debt of more than $322,000, the majority of which was owed in state and government taxes. Lamas, who recently finished Celebrity […]

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