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5 Italian American Actors Who Faced Bankruptcy. #lindsaylohan #alyssamilano #nicolascage #donnad'errico

5 Italian American Actors Who Faced Bankruptcy. Alyssa Milano found fame in Who's The Boss? and Charmed, amassing an estimated $45 million fortune. In 2017, she and her husband sued her former business manager for $10 million, accusing him of forgery and tax failures. He counter-sued, claiming the couple's extravagant spending on planes and homes was the cause. Teri Polo who is best known for the Meet the Parents trilogy, filed for Chapter 11 bankruptcy in 2014, owing nearly $1 million to creditors, including the IRS. Despite reportedly earning $25,000 per episode on The Fosters at the time, her bankruptcy petition listed less than $50,000 in assets. Please like and subscribe. Donna D'Errico, the former Baywatch star filed for Chapter 7 bankruptcy in 2014, claiming to have only $20 in her bank account. Legal documents showed she had liabilities totaling $947,000 against assets of only $414,000. Her debt was successfully discharged following the filing. Lindsay Lohan earned millions in the 2000s, but personal troubles led to severe debt. By 2012, she owed thousands in unpaid bills, including $234,000 in federal back taxes. The IRS seized her bank accounts, and her net worth dropped from $28 million to just $100,000. Nicolas Cage was one of Hollywood's highest-paid actors, earning $40 million in 2009, and over $150 million overall. His fortune vanished due to poor investments and a bizarre spending spree, including shrunken heads and a dinosaur skull. Faced with bankruptcy and IRS debt, Cage managed to rebuild his net worth to about $25 million.

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