Stephen Baldwin has declared bankruptcy after grappling unsuccessfully with millions of dollars of debt, reports AP. The actor owes $1.2 million in mortgages on a New York property, $1 million in back taxes and $700,000 in credit card debt, according to documents filed yesterday in a New York court. Baldwin recently quit the NBC program I'm a Celebrity, Get Me Out of Here after suffering more than 100 insect bites.
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