Tisha Campbell-Martin Files for Bankruptcy: Here's How She Fell $15 Million in Debt
UPDATE: Tisha Campbell-Martin and her husband Duane Martin released the following joint statement in light of today's news:
"We got involved with some loans before the crash, couldn't agree to a settlement with the banks,so we filed to reorganize."
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Sitcom star Tisha has filed for millions of dollars in bankruptcy.
The 47-year-old actress, who rose to fame as a television star on shows like Martin and My Wife and Kids, is in deep financial trouble after filing bankruptcy for roughly $14.5 million in debt.
Her husband of 20 years, actor Duane, is also listed in the filing as a debtor. Together, the couple share two sons—Xen and Ezekiel.
They also share over $300,000 in personal and real estate property, including a $65,000 Los Angeles house, three cars and five motorcycles, according to bankruptcy papers obtained by E! News. When the couple filed in late January, they listed $15,000 in furniture and household goods, $1,000 in clothing and $2,500 in jewelry among their assets.
They own Xen Restaurant in Sherman Oaks, Calif and the production and loan out company XE Visions, Inc. However, the couple claims in the filing that the restaurant no longer turns a profit.
Additionally, their future income rides heavily on The Dr. Ken Show's renewal on ABC, for which Tisha is a main actress. Currently, they bring in nearly $8,000 in monthly income and spend roughly double that amount in monthly expenses.
The couple currently owes over $14 million in unpaid taxes, loans, car leases, credit card bills and other government debts. As of their January filing, they had $200 in cash and $173 in a Credit Union.
----------------------------------------------All eyes were on Taylor Swift and Calvin Harris during Sunday's iHeartRadio Music Awards.
The cute couple, who just celebrated their one-year anniversary, made it a date night at the show.
During the ceremony, the couple was spotted packing on the PDA and being all kinds of adorable. Then during Taylor's acceptance speech for Best Tour, she even gave her man a special shout-out.
"For the first time I had the most amazing person to come home to when the spotlight went out and the crowds were all gone. So I want to thank my boyfriend Adam for that," Taylor said about Calvin (his real name is Adam Wiles!).
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Justin Bieber is Under Fire for His New Dreadlocks
Justin Bieber is being accused of cultural appropriation after debuting his new dreadlocks on an awards show.
The controversy began on April 3, when the 22-year-old singer appeared at the IHeartRadio Awards show and posted a series of pictures of his new look on Instagram.
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