Celebrities who lost their money and declared bankruptcy

[post_page_title]Meat Loaf[/post_page_title]

If you try to take credit for something that isn’t yours, it could come back to bite you in the future. It certainly did for Meat Loaf. The singer apparently went broke after the co-writer of ‘I Would Do Anything For Love’ wasn’t given proper credit for the song.

Meat Loaf

The ‘80s were a difficult time for the man, as he reportedly faced dozens of lawsuits that resulted in bills of around $80 million. It’s no wonder that he had to file for bankruptcy, although thankfully, things have cleared up now.

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