Tisha Campbell-Martin, 47, and her actor/husband Duane Martin, 50, have filed for Chapter 7 bankruptcy, explaining they are drowning in over $15 million dollars in debt with only $313,000 in assets between the couple, reports Daily Mail.
We’re not quite sure how two actors can have a combined monthly income of only $7,655 with monthly expenses of $16,953 . However, such is the case with actress Tisha Campbell-Martin and her husband Duane Martin who have reportedly been forced to file for bankruptcy.
The couple filed for bankruptcy on January 7th in US Bankruptcy Court in California.
Their assets include $65,000 in real estate, $248,000 in personal property, totaling $313,000 in assets. But they owe over $15,145,387 in liabilities to creditors.
They owe $43,000 on a 42-month lease for a 2016 Range Rover, $17,000 on a 2016 Jeep Wrangler, $67,000 on their 2014 Range Rover
They also owe $39,000 to American Express
Their joint monthly income is $7,655 but monthly expenses are $16,953.
Currently they only have $200 in cash and $173 in a credit union.
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