Not even Hollywood celebs like Stephen Baldwin (ok...D-listers like him) can escape the sh*tty economy -- Stevie B filed for bankruptcy a few days ago after falling behind on his mortgage and credit card bills. He owes a bank $1.2 million on one mortgage, $900,000 to the IRS, $200,000 to the New York State, and $70,000 to credit card companies. His home in Upper Grandview, NY was auctioned off yesterday, and another of his homes in Rockland County is also on the market.
Bet he wishes he didn't quit I'm a Celebrity...Get Me Out of Here! now. Then again, it's not like winning the show has done sh*t for Lou Diamond Phillips, so I guess Stevie B was f*cked either way. Poor guy...I think he's the shizz.