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Stephen Baldwin files for bankruptcy in NY



Tbd-stephenbaldwin072309 Getting a shot at prime time with I'm A Celebrity ... Get Me Out of Here didn't do the trick for Stephen Baldwin. He filed for bankruptcy on Tuesday in New York. Can't he stop by his brother Alec's office at 30 Rock for a loan?

Not to the tune of $2.3 million, he can't. Star says he owes $1.2 million on two mortgages, $1 million in taxes and the rest on various credit cards. Chapter 11 was the only route left to him, apparently.

If only there was a TV show for desperate celebrities who need money fast ... well, another one. The last thing he could get work for was the opening of a Planet Smoothie at Penn Station. We wish we were joking.

[Photo: Getty Images]

[Last modified: Tuesday, May 25, 2010 10:47am]


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