New figure from the Insolvency Service indicate record levels of insolvency for 2009.
Well-Known People Who Have Taken The Bankruptcy Road
When facing bankruptcy it is understandable to feel isolated and alone - but it is important to remember that quite the opposite is true. People become bankrupt everyday, and are able to start again with a clean slate and lead happy, stress-free lives. In fact, countless famous people have been made bankrupt, and gone on to continue normal lives and in many cases enjoy hugely successful careers in their field. Below is a list of some well-known names who have been bankrupt - and it is by no means exhaustive!
Oscar Wilde - Playwright - The Importance of Being Earnest
Francis Ford Coppola - Film maker - The Godfather
David Crosby - Singer from Crosby, Stills and Nash - Marrakesh Express
Kim Basinger - Actress - LA Confidential and 9&1/2 Weeks
Gary Coleman - Actor - Different Strokes
George Best - Football star
Zsa Zsa Gabor - Actress
Corey Haim - Actor - License to Drive and The Lost Boys
Bjorn Borg - Tennis star
Toni Braxton - Singer - Unbreak My Heart
Tia Carrere - Actress - Wayne's World
John DeLorean - Car maker - featured in Back to the Future trilogy
Isaac Hayes - Singer/Songwriter - Theme from Shaft
Walt Disney - Founder of Disney Pictures and Disney World
Mark Twain - American Author and Humorist - Tom Sawyer and Huckleberry Finn
Handel - Classical Composer - Messiah
MC Hammer - Rapper - You can't Touch This
Ulysses S.Grant - 18th President of the USA
Charles Goodyear - The inventor of Goodyear tyres
Don Jonson - Actor - Miami Vice
Margot Kidder - Actress - Superman's ‘Lois'
Jerry Lee Lewis - Singer - Great Balls of Fire
Abraham Lincoln - 16th President of the USA
Thomas Paine - 18th Century Revolutionary, Inventory and Intellectual
Willie Nelson - Country Singer - On The Road Again
Meat Loaf - Singer - Like a bat out of hell and I would do anything for love
Rembrandt - Artist and painter
Burt Reynolds - Actor - Smokey and the Bandits and Cannonball Run
Donald Trump - Business Tycoon
Mick Fleetwood - Singer - Fleetwood Mac - Dreams
Tammy Wynette - Country Singer - Stand By Your Man
Cyndi Lauper - Singer - Girls Just Want To Have Fun
Jim Davidson - Comedian
LaToya Jackson - Model
Marvin Gaye - Singer - Heard it Through the Grapevine
Buster Keaton - Silent Movie Star - At The Circus and Go West
Mickey Rooney - Actor - National Velvet and Pete's Dragon
Ray Winstone - Actor - Love, Honour and Obey, Nil By Mouth and Beowulf
Mike Tyson - Boxer
David Van Day - Singer with Dollar and Bucks Fizz
As you can see, in filing for bankruptcy you are by no means alone. In fact, you could say you are in good company! Just try not to see bankruptcy as a negative end to a situation - rather as a positive beginning to your future.
For more information on filing for bankruptcy or other debt solutions, please click on the relevant links below.
Will bankruptcy remove ALL of my debts?
Being discharged from bankruptcy
Trust Deeds (Scottish Residents Only)
Alternatively, to discuss bankruptcy or any other debt solutions, please call 1Stop Money on 0800 012 4039 or fill in the online form and a 1Stop Money broker will contact you as soon as possible.
1Stop Money - your first stop for finding the debt solution you need.