Celeb Spot: Stephen Baldwin files for bankruptcy

Actor Stephen Baldwin, brother of Emmy winner and 30 Rock star Alec Baldwin, filed for bankruptcy in New York on Tuesday, according to a court document that says he is millions in debt.

By (Reuters)

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Published: Thu 23 Jul 2009, 3:55 AM

Last updated: Sun 5 Apr 2015, 11:33 PM

The 43-year-old actor filed for Chapter 11 protection claiming he owes more than $2.3 million and owns a New York property valued at only $1.1 million. His wife, Kennya Baldwin, is also named in the document.

Baldwin, who has appeared in films including The Usual Suspects in 1995 as well as more recently in U.S. celebrity and reality television shows, owes about $1.2 million on two mortgages on the New York property and more than $1 million in taxes. He also has credit card debt, court papers showed.



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