Former Major League Baseball player Jose Canseco has filed for Chapter 7 Bankruptcy.
Filing in Las Vegas Tuesday, the 1988 American League MVP listed less then $21,000 in assets with over $1.5 million in liabilities.
Jose Canseco won the World Series twice and hit 462 home runs over the course of his 16-year professional baseball career. He later wrote a tell-all book, titled Juiced: Wild Times, Rampant ‘Roids, Smash Hits & How Baseball Got Big.
Financial hard times can fall on anyone. If you are facing overwhelming financial difficulties, you may be eligible for Chapter 7 bankruptcy. Contact the Cedar Rapids Chapter 7 bankruptcy attorneys of Hong Law, PLC, at 319-632-1400 to learn more.
Danielle Staub, of Real Housewives of New Jersey fame, has filed for bankruptcy.
Her Chapter 7 filing lists $1.9 million in liabilities but shows an income of only $63,791 this year, the majority of which came from an appearance on VH1.
Staub’s most expensive asset is her $899,000 mansion, which she has been trying to sell for several years. She unfortunately owes more than $180,000 in taxes to the IRS and New Jersey. Staub does not seem to receive royalties for her book, The Naked Truth, but Staub does seem to be making an effort to improve her financial woes.
Bankruptcy is one of many ways available to help a person overcome overwhelming amounts of debt. If you’re stuck in an inescapable debt cycle, contact the personal bankruptcy lawyers of Hong Law, PLC, at 319-632-1400.
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