Successful People Who Have Filed For Bankruptcy

Throughout history, millions of Americans have sought the protection of the Bankruptcy Code. It doesn't matter what your financial situation is, what your occupation is or how old you are. Debt has a way of sneaking up on people and wreaking havoc on their personal finances. Bankruptcy does not mean you are a failure, as the many successful people who have filed for bankruptcy protection can attest.

Notable People Who Have Filed For Bankruptcy

Filing for bankruptcy is commonplace across all occupations, from actors to musicians to politicians to captains of industry. At Ledford, Wu & Borges, LLC, we are fond of reminding our clients that they are not the only people to have suffered through a difficult financial time. A brief list of some of the famous individuals to have filed for bankruptcy includes:

  • Abraham Lincoln
  • Henry Ford
  • Marvin Gaye
  • Bjorn Borg
  • Mike Tyson
  • Burt Reynolds
  • Toni Braxton
  • Michael Vick
  • MC Hammer
  • Thomas Edison
  • Lenny Bruce
  • Samuel L. Clemens (Mark Twain)
  • Gary Coleman
  • Mickey Rooney
  • Francis Ford Coppola
  • Willie Nelson
  • Don Johnson
  • Buster Keaton
  • Wayne Newton
  • Larry King
  • Cyndi Lauper
  • Walt Disney

This is, by no stretch of the imagination, a complete list. Many of these high-profile individuals had multimillion-dollar paychecks and still could not make their finances work. Do not feel bad if you too find managing your debt challenging. The government has created protections for you to stabilize your finances and move you toward a fresh start.

Contact Our Firm Today To Schedule A Free Consultation

Find out if bankruptcy is the right option for you. Call 312-574-3327 or contact our offices by e-mail to discuss your options during a free consultation with an attorney.


We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.