Actor Gary Busey files for bankruptcy

LOS ANGELES

The filing on Tuesday states the 67-year-old has less than $50,000 in assets. It provides few details but includes more than a dozen potential creditors.

Busey doesn't state a reason for the filing, but his manager said bankruptcy gives the actor "a new and clear path" to getting his life back on track.

Busey starred in numerous movies like "Point Break," "Lethal Weapon" and "The Firm." Recently, he appeared on reality TV shows, including ABC's "Celebrity Wife Swap."

Copyright © 2024 KABC Television, LLC. All rights reserved.