Celebrities Who Couldn’t Repay Their Mortgage Debts

14: David Cassidy

Source: Huffington Post

He sold tens of millions of records and sold out stadiums across the world – now David Cassidy has filed for bankruptcy.The man who had the charm to heartthrob many women in the 1970s finds the place in this list. David had shot to fame after he got to take part in the show The Partridge Family and it was hit.

In 2014, the singer’s monetary status and mortgage loans were brought into light after he filed for bankruptcy for not being able to refinance or repay the home mortgage loans and sequentially the refinance mortgage rates. A report on Bloomberg said that he owed millions in debt. It includes home mortgage for his houses in Florida and Saratoga Springs, New York.He has proposed a plan to pay off the millions owed to creditors over a 60 month period.