personal bankruptcy

Nick Denton has filed for bankruptcy, but his lifestyle has not changed much. The founder of Gawker filed for personal bankruptcy after a court ruled that he is legally responsible in a $125 million lawsuit filed by Hulk Hogan.  He continuously gives his husband a $1,550 allowance each month and pays almost $2,400 on food […]

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Hulk Hogan, embroiled in a legal battle over a sex scandal, fights back over Gawker Media’s recent bankruptcy filing. Hogan is unable to collect a jury verdict worth $140 million against the multimedia site due to the recent bankruptcy petition filed last June 10, according to the court papers. The court papers stated that the […]

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Hollywood actor David Cassidy has a $12,500 monthly income, but spends $27,000 throughout the same period.  This means that he is piling up a staggering $174,000 in debt yearly. The 64-year old former teen heartthrob sought for Chapter 11 bankruptcy protection to deal with his financial troubles, after a hard year that included his third […]

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