7.Jose Canseco
One of the celebrities who declared bankruptcy is Jose Canseco.
The former baseball player has made quite a lot of money in his 16-year professional baseball career, but all the problems he had costed him a lot of as well.
He was involved in domestic violence accusations from both his ex-wives, and after 2 divorces he was left with $6-7 million less of his money.
In 2008 a bank foreclosed on his $2.5 million home in California, and in 2012 Canseco filled for bankruptcy.
Some say the bankruptcy move was all about avoiding to pay more than $780.000 due to a bar fight back in 2001.
#8 has had nothing but problems with his luxurious villa ->