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Gary Busey

February 11, 2012 by staff 

Gary Busey, As Gary Busey once said, “Do you know what failing stands for? Finding an Important Lesson, Inviting Needed Growth.” Well, it looks like it’s time for Busey to do some serious growing. The actor, who has starred in over 70 movies throughout his career, has filed for bankruptcy.

According to The Daily Mail, the actor has less than $50,000 to his name and over $500,000 in debts. In court documents, Busey noted that he owes money to various people and organizations, including the IRS, UCLA Medical Center, Wells Fargo, L.A. County Waterworks Districts and a storage company.

Busey was also sued by a woman named Carla Loeffler for allegedly attacking her in an airport earlier in 2011, and could owe money to her on top of his other bills. TMZ, reported that a rep for Busey briefly commented on the Chapter 7 filing.

“Gary’s filing is the final chapter in a process that began a few years ago of jettisoning the litter of past unfortunate choices, associations, circumstances and events, to enable the start of a new and clear path toward peace, happiness and success with his career and his wonderful new soulmate, Stefanie, and their son Luke,” he told TMZ.

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