80’s heartthrob Lorenzo Lamas filed for bankruptcy

After accruing a debt of more than $300,000, actor and reality-TV star Lorenzo Lamas filed for Chapter 7 bankruptcy, Mail Online reported on April 29.

Reports said Lamas, who currently does not have any source of income as a freelance actor, has a debt of $322,000. The bulk of his debts were unsettled taxes worth $285,000 and domestic support debt worth $19,000. Lamas is currently married to his fifth wife. He has six children from previous marriages, and three are minors. The 56-year-old actor reportedly listed assets worth $9,100 including a checking account below $500. This is not Lamas’s first bankruptcy experience; he filed in 2004 due to a debt of $200,000.

People who have overwhelming debt often feel frustrated and hopeless without the funds to cover it. If you find yourself in this situation in Birmingham, the attorneys of Greenway Bankruptcy Law, LLC may offer you other legal solutions to solve your financial problems. Call our lawyers today at (205) 324-4000 to learn more about your options.

Paula GreenwayPaula Greenway

Paula Greenway is a native of Birmingham and has focused her practice on consumer bankruptcy since 1996. She is licensed to practice law in all jurisdictions throughout the State of Alabama. Paula has handled over 5,000 bankruptcy cases ranging in complexity throughout her career and prides herself on being able to come up with creative solutions to her clients’ financial issues.