Tuesday, July 21, 2009

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.

The 43-year-old actor has filed for Chapter 11 Bankruptcy protection in New York. Court documents show he has over $2.3mil in debt and only $1.1mil in assets.He also has heavy credit card debt.His wife, Kennya Baldwin, also is named in the document.

A lawyer for Baldwin had no comment.

New York newspaper Newsday reported earlier this month that a homeless man who was allowed to live on Baldwin's property was arrested on heroin charges and suspected of dealing drugs.

Baldwin recently returned from a stint in the jungle for NBC’s “I’m a Celebrity, Get Me Out of Here.” He abruptly quit the show, blaming extreme bug bites.

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