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Burt Reynolds

Burt Reynolds used to be one of Hollywood’s highest paid actors. However, lavish spending, poor investments, and a messy divorce forced him to file for Chapter 11 in 1996. His money problems didn’t stop there. In 2011, a mortgage lender took his home and sought a payment of $1.2 million, saying he hadn’t made a mortgage payment in a year.

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Even Rich People Can End Up Without A Cent
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