Sinbad: Bankrupt And $8 Million In Debt To The IRS

May 20, 2013 - 10:45
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Sinbad: Bankrupt And $8 Million In Debt To The IRS
Sinbad

Sinbad, the popular ’90s comedian and sitcom star, is reportedly into the IRS for some major money, and filed for bankruptcy in April

The 53-year old actor allegedly owes more than $8 million to the IRS and several hundred thousand to various creditors, but can only claim about $131,000 in assets. He was forced to put his Hidden Hills estate up for sale a while back in an effort to pay down his debts, and this is the second time he’s filed for bankruptcy. According to court documents, he brings in about $16,000 a month and simply can’t keep up with his bills.

 

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Mike Gallagher Freelance writer with a passion for travelling