Comedian Sinbad broke gain, files for bankruptcy again
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.