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 country music legend was forced to file in 1990 when it was revealed that he owed a whopping $16.7 million in taxes to the IRS. To remedy the problem, Nelson did what he does best – make music. He released an album called The IRS Tapes: Who'll Buy My Memories? and gave all of the revenues to the government. And it worked: He was able to pay off his debt in just three years.