Actor Gary Busey Files For Bankruptcy…$1 Million In Debt!


Veteran actor Gary Busey has filed for bankruptcy after racking up a huge debt of over $500,000.

The actor filed for bankruptcy in a California court on Tuesday, revealing he has less than $50,000 in assets and owes at least 10 times that amount to his creditors.

Busey reportedly owes money on taxes, his bank Wells Fargo, the UCLA Medical Center, and to his lawyers.

The veteran actor is also facing having to pay a woman named Carla Loeffler, who is suing him after she claims he knocked her to the ground during an incident at the airport in Oklahoma in May 2011.

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