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British celebs that went broke

Having it all and then losing the lot must be really painful but it’s got to be far worse when you’re in the public eye as these guys were it’s far harder to swallow. Sometimes it’s results in a fall from grace and no more column inches in the tabloids which for others like George Best it just adds to the fame.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

George Best once famously said: “I spent a lot of money on booze, birds and fast cars. The rest I just squandered.” That is funny and true. The former Manchester United winger went from superstar to bankruptcy and ended up an alcoholic but he had fun along the way.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

Let’s face it Peter Stringfellow had more than his fair share of highs over the years so when he hit rock bottom by filing for bankruptcy no one really cared. That was back in 1993 when the businessman’s nightclubs failed. He soon bounced back and today he’s said to be worth around £30 million.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

Let’s face it Peter Stringfellow had more than his fair share of highs over the years so when he hit rock bottom by filing for bankruptcy no one really cared. That was back in 1993 when the businessman’s nightclubs failed. He soon bounced back and today he’s said to be worth around £30 million.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

Kerry Katona is another celeb who lived out the highs and lows of her life in the tabloids. Neglecting to pay an £82,000 tax bill got her in trouble with HMRC and ultimately saw her end up in bankruptcy court.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

The next celeb on our list is former boxer Chris Eubank. This is a guy who became as known for his weird fashion sense as his exploits within the ring. A tax bill of £1.3million knocked him out and left him to declare bankruptcy. The typically philosophical Eubank once told the press: "Bankruptcy, divorce, these are feathers in my cap, I suppose.”

How to declare bankruptcy without a lawyer

Photos: Youtube.com

Comedian Jim Davidson’s booming career in the 1980s and 90s came to a halt after the turn of the century. He was supporting 4 ex-wives and loads of kids which he claims pushed his finances to the limit. A £700,000 tax bill did in for him and he had to file for bankruptcy.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

Comedian Jim Davidson’s booming career in the 1980s and 90s came to a halt after the turn of the century. He was supporting 4 ex-wives and loads of kids which he claims pushed his finances to the limit. A £700,000 tax bill did in for him and he had to file for bankruptcy.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

Joe Swash was a winner on I’m A Celebrity… Get Me Out Of Here some time back and he was also a former Eastender but none of those TV appearances earned him enough to pay the £120,000 tax bill he was landed with back in 2008.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

Shane Filan was a member of Backstreet Boys. These guys sold something like 50 million albums so he really messed up by losing all his cash and declaring himself bankrupt.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

Shane Filan was a member of Backstreet Boys. These guys sold something like 50 million albums so he really messed up by losing all his cash and declaring himself bankrupt.

How to declare bankruptcy without a lawyer

Photos: Youtube.com

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