Gary Busey Files For Bankruptcy But He Does Have A Lot Of Junk

Posted Feb 17 2012 1:00AM at Perez Hilton
Gary Busey Files For Bankruptcy But He Does Have A Lot Of Junk


Gary Busey has filed for Chapter 7 bankruptcy but what he lacks in money, he makes up in junk.
The actor says that he owes over $500K in debts and he only has $26K in assets, including a 7,000 security deposit with his landloard.
Half a million dollars in debt? That's rough.
But he does list his assets which include the following:
300 VHS tapes, 100 DVDs, painting of an Indian,
rollerblades, broken drum sets, guitars,
old bow and arrows, other Native American stuff,
boombox, 50 books, 200 cassettes
The list goes on and on. Gary goes even further with his financial woes, stating that he makes 19K a month but spends 22K a month on living expenses and his son's daycare.
Gary's pretty strapped for cash. We'll see what happens after the bankruptcy.
[Image via WENN.]

Tags: assets, bankruptcy, gary busey, irs, money, taxes

Gary Busey Files For Bankruptcy But He Does Have A Lot Of Junk

Gary Busey has filed for Chapter 7 bankruptcy but what he lacks in money, he makes up in junk. The actor says that he owes over $500K in debts and he only has $26K in assets, including a 7,000 security deposit with his landloard. Half a million dollars in debt? That's rough. But he does list his assets which include the following: 300 VHS tapes, 100 DVDs, painting of an Indian, rollerblades, broken drum sets, guitars, old bow and arrows, other Native American stuff, boombox, 50 books, 200 cassettes The list goes on and on. Gary goes even further with his financial woes, stating that he makes 19K a month but spends 22K a month on living expenses and his son's daycare. Gary's pretty strapped for cash. We'll see what happens after the bankruptcy. [Image via WENN.] Tags: assets, bankruptcy, gary busey, irs, money, taxes

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