Sinbad: Bankrupt And $8 Million In Debt

Sinbad, the popular ’90s comedian and sitcom star, is reportedly into the IRS for some major money, and filed for bankruptcy in April The 53-year old actor allegedly owes more than $8 million to...
Sinbad: Bankrupt And $8 Million In Debt
Written by Amanda Crum

Sinbad, the popular ’90s comedian and sitcom star, is reportedly into the IRS for some major money, and filed for bankruptcy in April

The 53-year old actor allegedly owes more than $8 million to the IRS and several hundred thousand to various creditors, but can only claim about $131,000 in assets. He was forced to put his Hidden Hills estate up for sale a while back in an effort to pay down his debts, and this is the second time he’s filed for bankruptcy. According to court documents, he brings in about $16,000 a month and simply can’t keep up with his bills.

Sinbad isn’t the only celebrity plagued by money problems; last year, “CSI” star Gary Dourdan filed for bankruptcy to get out of credit card debt. Wesley Snipes has also gone to court.

Maybe Sinbad can reprise his guest-starring role on “It’s Always Sunny In Philadelphia” and make some quick cash.

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