I THINK I’M BANKRUPT …
‘Partridge Family’ star David Cassidy has filed for bankruptcy protection in Florida stating he made the filing ‘to reorganize my life’ and ‘restructure my finances. Restructure his finances? David Cassidy better think about getting his life in order and get off the bottle. In January 2014, Cassidy was arrested for drunken driving, for the third DUI bust since 2010. He was sentenced to three months in rehab and five months probation. A few weeks after his January arrest, the Cassidy’s wife, Sue Shifrin-Cassidy, filed for divorce after 23 years of marriage. It is just another story of a celebrity not being able to handle fame and money and not having the responsibility to handle their affairs. the only thing David Cassidy is singing these days to his creditors is … I think I owe you.
David Cassidy has fallen on hard times: “The Partridge Family” star has filed for bankruptcy protection.
In documents filed Wednesday in Florida and obtained by People, the 64-year-old stated he has “assets and debt of up to $10 million.”
The actor’s creditors include Wells Fargo Bank ($290,000), American Express ($21,000) and Citi Bank ($17,000). Cassidy is also in debt to a Florida-based lawyer for $102,000.
“I am going through bankruptcy proceedings at the moment. This is necessary for practical reasons to reorganize my life as I go through divorce and to restructure my finances,” he said in a statement to the Daily News.