With all that money, you would think celebrities would be the last ones to go bankrupt, right?

But when work dries up, a love of splashing the cash to fund a showbiz lifestyle can lead to them spending beyond their means and being forced into bankruptcy.

Martine McCutcheon was the latest star to learn this lesson the hard way, joining the likes of Kerry Katona and Shane from Westlife...

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  • Kerry Katona

    Despite her fortune for her Atomic Kitten days and various relaity TV appearances, Kerry was officially made broke in 2008 when she failed to cough up the final £82,000 of a £417,000 tax bill. A turn as a housemate on 'Celebrity Big Brother' helped her to finally pay off her debts.

  • Shane Filan

    The Westlife star and property investor was made bankrupt in June 2012 when the housing market crashed, and left him owing more than €5.5m (£4.45m) to Ulster Bank and Bank of Ireland.

  • Martine McCutcheon

    Martine filed for bankruptcy in in 2013, when she amassed debts of £187,000.

  • Stephen Baldwin

    When Stephen defaulted on a mortgage payment in 2009, he filed for bankcruptcy claiming he was $2.3m in debt.

  • Elton John

    A love of spending and a debt of $2m a year meant Elton was forced to file for bankruptcy in 2002.

  • Joe Swash

    The former 'EastEnders' star was made bankrupt by London's High Court in 2009 after he failed to pay a £20,000 tax bill.

  • Peter Stringfellow

    Peter lost a reported $20m in 1992 after a failed attempt to crack America.

  • Christopher Biggins

    Biggins reckons that going into voluntary bankruptcy 15 years ago was the 'best thing that ever happened' to him. The star was forced into it after work offers slowed down.

  • Mike Tyson

    The boxer owed both the US and British governments $17m in taxes, $750,000 to law firms and $300,000 to limo services and became bankrupt in 2004.

  • Donald Trump

    He may be a multi-billionaire, but Donald Trump has filed for corporate bankruptcy four times! However, he has never filed for personal bankruptcy.

  • Neil Morrissey

    Neil entered into an individual voluntary arrangement (IVA) after a property scheme in which he invested collapsed, leaving him millions of pounds in debt.

  • MC Hammer

    One hit wonder MC Hammer's living beyond his means meant he was $13m in debt and filed for bankruptcy in 1996.

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