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


The iconic fashion designer was $4 million in debt when she filed for bankruptcy in 2012. “We were bogged down in five-year projections,” she told the New York Times. “Or maybe it all began when stores started knocking off my $250 prom dresses for $49.” Since then, she’s shown at New York Fashion Week, launched an affordable line for Macy's and Nordstrom, and starred in a 2013 Style Network reality series, XOX Betsey Johnson, which showed her starting a new chapter after Chapter 11.