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Actor Stephen Baldwin files for bankruptcy

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Jul-19-09, 07:00 PM
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Actor Stephen Baldwin and wife, Kennya, Upper Grandview residents, this morning filed for Chapter 11 bankruptcy protection.


Their Rockland County property is worth an estimated $1.1 million, according to bankruptcy filings; there were two mortgages totaling $1.19 million.


The couple owes the IRS an estimated $749,974 in back income tax payments, $139,288 in unpaid withholding taxes and $194,527 in income taxes from 2004 to 2008.


Creditors holding unsecured nonproperty claims include Ascension Services Inc., $18,639, and Wachovia, $51,398.
The youngest of the four famed Baldwin brothers, the Long Island native recently appeared on NBC reality television show “I’m a Celebrity … Get Me out of Here.”

 


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