‘70s Pop Star Files Bankruptcy

Written By: Emil FleysherMarch 13, 2015

The 64-year-old former teen idol pop star David Cassidy has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in Fort Lauderdale where he owns a waterfront property. Furthermore, David Cassidy reported debts included credit cards bills of almost $40,000, a mortgage of nearly $300,000. And, a substantial amount in accountant and attorney fees. Judge Raymond Ray is in charge of the case. The estimation of Cassidy’s assets and debts is between $1 million and 10 million.

List of Debts of David Cassidy

Although the petition was deemed incomplete due to 16 documents not being presented, the filing did state that Mr. Cassidy owes money to several attorneys and accountants. One attorney who assisted Mr. Cassidy in a settlement over a racehorse he owned with his former partner is owed more than $17,000. Then, an accounting firm in Boca Raton is owed close to $15,000. Also, another Fort Lauderdale attorney is owed more than $11,000 and a Fort Lauderdale accountant is owed at least $10,000. This is not including his American Express credit card of well over $20,000. And, maintenance fees on the Villa at Polo Towers in Las Vegas where he frequently performed who is owed $1,420.

In fact, the attorneys to whom he owes money do not worry too much. This is because they believe the law is on their side and Mr. Cassidy does have a multimillion-dollar home on the waterfront.
David Cassidy is famous for his 1970s television show “The Partridge Family.”
And, hit songs like “I Woke Up In Love This Morning” and “I Think I Love You”. In Broward County alone, Mr. Cassidy has been a defendant in 12 cases. Sue Shifrin, his wife, has filed for divorce after his third DUI arrest last year.

If you have questions about Foreclosure, Loan Modification, Bankruptcy, Short Sale, or other alternatives, please feel free to call my office at 888-886-0020, send an e-mail to emil@fleysherlaw.com, or complete the contact form below.

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