Articles tagged with: bankruptcy
Celebrities, Stories »
Musicians seem all too prone to file for bankruptcy protection. It must be part of the career hazards that musicians face. Filing for bankruptcy protection does not always mean that the musician has no resources (look at Michael Jackson who had substantial assets, from the Neverland Ranch to an expensive ownership in the Beatles’ songs). Usually bankruptcy filings of famous people, including musicians are accompanied by substantial, and usually well known, financial troubles due to lawsuits, debts, or taxes.
Some argue that musicians are prone to file bankruptcy when they …
