Gary Busey Files for Chapter 7 Bankruptcy
Gary Busey — who’s starred in more than 70 movies — has less than $50,000 to his name … and more than $500,000 in various debts … this according to official documents obtained by TMZ.
67-year-old Busey filed for Chapter 7 bankruptcy in California yesterday. Busey checked the box showing he has less than $50,000 in assets … and somewhere between $500,000 and $1,000,000 in various debts.
In the docs, Busey indicates he might owe money to everyone from the IRS … to various lawyers … UCLA Medical Center … Wells Fargo … L.A. County Waterworks Districts … and a storage company.
He also notes that he might owe money to a woman named Carla Loeffler, who sued Busey for allegedly attacking her at a Tulsa airport back in May.
Interestingly, we shot Gary out in Malibu on Monday — a day before he filed — and he didn’t seem all that fazed by the whole bankruptcy thing … dancing his face off in a parking lot.
A rep for Gary tells TMZ, “Gary’s filing is the final chapter in a process that began a few years ago of jettisoning the litter of past unfortunate choices, associations, circumstances, and events.”