Celebrities who lost their money and can no longer afford their extravagant lifestyles

by Barbara

Meat Loaf

After all the financial struggles Meat Loaf faced during his career, we expect the singer has probably learned how to be smart with his cash. Things got so bad for the star that at one point, he was apparently facing bills of $80 million.

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This cost supposedly came courtesy of 45 different lawsuits, with Meat Loaf forced to declare bankruptcy just to stay on top of everything. The singer faced issues for years because the lawsuits were relentless, but eventually, things picked up when his career had a resurgence.

Michael Vick

It took almost ten years for Michael Vick to pay his way out of bankruptcy after facing financial trouble in 2008. Between owing $17.6 million and doing jail time for his involvement in an illegal dogfighting ring, the NFL quarterback didn’t have the best of times a few years ago.

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Luckily, the man got his act together and lived on a budget to help pay off his debts. It wasn’t easy, especially given he’d grown accustomed to spending his money freely. However, he managed it in the end.

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