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Comedian Sinbad broke gain, files for bankruptcy again

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IANS Los Angeles

Sinbad, the 1990s comedian, has claimed he is broke again and reportedly he is filing for bankruptcy for the second time since 2009.

Sinbad, real name David Adkins, filed for Chapter 7 bankruptcy last month, claiming he owes $10,991,715 in debt and only has $131,000 in assets, reports tmz.com.

The 56-year-old comedian, known for his roles in the 1990s movies like "Houseguest" and "Jingle All the Way", owes $374,979 to American Express, $32,199 to Bank of America, and $2.3 million to the CA Franchise Tax Board.

He also claims he owes $8.3 million to the IRS for taxes from 1998-2006, and admits he owes both state and federal taxes from 2009-2012.

 

According to the bankruptcy documents, Sinbad earns only $16,000 per month and can't afford to pay his bills.

But on the bright side, he's still got some possessions - a 2007 BMW 750i, a 2006 VW Beetle, a 2010 Ford F150, a 2010 Lincoln Navigator, $5,000 in home office equipment and 200 copies of "Sinbad's Guide to Life" currently for sale on Amazon for $6.25 each.

Sinbad filed for bankruptcy once before in 2009, but the case was dismissed because he didn't file the right documents.

Calls to Sinbad weren't returned.

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First Published: Jun 16 2013 | 4:11 PM IST

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