Sinbad: Bankrupt... Again!

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Sinbad is legally broke once again.

The comedian - who hasn't exactly been burning up the box office in recent years - filed for Chapter 13 bankruptcy last month, TMZ has confirmed. He made the same financial move in 2009.

Sinbad on Stage

In official documents, the 56-year old entertainer says he owes $374,979 to American Express... $32,199 to Bank of America... and $2.3 million to the CA Franchise Tax Board.

He also owes tons more in state and federal taxes dating back over four years, all of which adds up to $10,991,715 in debt. The problem?

Sinbad only claims $131,000 in assets.

He does, however, own at least four vehicles; home office equipment; and 200 copies of "Sinbad's Guide to Life", which are on sale on Amazon for $6.25 apiece.

The last time Sinbad filed for bankruptcy, the case was dismissed due to improper paperwork. We wish him the best of luck digging out of this hole this time around.


My brother in law saw Sinbad in Aruba sitting at blackjack table a few yrs ago playing $10,000 per hand

@ John

Dude...are you serious? Blowing $10,000 on a single hand of blackjack is so WHACK-ASS STUPID!!!!! To me, this is further proof that Sinbad is such a moron. WHAT A JACKASS!!!!!


In my new posting from a little while ago, I meant to put the word is in-between the words Sinbad and nothing. Once again...MY BAD!!!!! Peace.


I'm sorry but I am NOT a fan of that broke-ass Sinbad. To me, Sinbad in nothing but an unfunny, self-righteous and bland-ass comedian who acts like his shit don't stink. A few years/seasons ago, on The Celebrity Apprentice, he was so goddamn annoying!!!!! So he's bankrupt. Boo-hoo-hoo. Oh, well. INSUFFERABLE ASSHOLE!!!!!


it's easy:
spending two dollars when you earn just one.
......................this won't last long.