David Cassidy has sold over 30 million records, but it seems that things have gone the opposite way now– TMZ has REVEALED THAT he’s mired in debt and just filed for bankruptcy.
David filed for Chapter 11 bankruptcy protection this week and has a laundry list of creditors to whom he owes hundreds of thousands of dollars.
His massive debts include $39,102 in credit card debt, a $292,598 mortgage against his house, and a very colorful bus load of attorney’s fees.
In the docs, he also alerts the court he could have some horse expenses in the near future. David says he’s in a legal dispute over several Thoroughbred horses he co-owns.
The millions are gone'' David Cassidy files for bankruptcy as wealth swindles away; read story
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