12 Celebs Who Bounced Back from Bankruptcy

From Donald Trump to 50 Cent, see which stars started a new chapter after filing for Chapter 11


Following bad investments in restaurant chains, a career slump and a messy divorce from Loni Anderson, Reynolds filed for bankruptcy in 1996, claiming he had $6.6 million in assets but $11.2 million in debts. He's since made a comeback with countless TV appearances and roles in films like Boogie Nights and The Longest Yard, though rumors of financial troubles resurfaced when he auctioned off personal items in 2014. Reynolds, who will release his memoir this fall, denied he was broke, telling Entertainment Tonight, "I am simply selling some of my memorabilia that I have enjoyed for so many years but do not have use nor room for them anymore."