Kevin Bacon
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10 Celebrities Who Lost It All

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6# Burt Reynolds

Celebrities Who Lost It All - Celebrities are not immune to money issues, despite they make a lot of it and have access to business managers, sometimes it is just hard to stop them from spending.

Movie star Burt Reynolds hasn’t been immune to the housing crash. In 2011, his Florida home was foreclosed claiming he owed $1.2 million on the house and hadn’t paid his mortgage in a year. This foreclosure was not the first time he had money issues.

He had a difficult divorce with Loni Anderson which involved claims of abuse and cheating, but also money became a big issue. During the divorce proceedings, it came out that Reynolds had $10 million in debts, accumulated by wrong investments, by not being a box office guy, and last but not least by a bad divorce.

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