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Bankruptcy!

| Filed under: Legal Matters

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Ouch!

Danny Masterson of That 70's Show has gotten himself into a pickle. We've just learned his Nevada based limited liability company filed for bankruptcy last month. It seems the company is being sued by the TomatoBank for $2.9 million. Danny had taken a loan out for $3.2 million from the lender but has yet to pay the full amount back.

Don't borrow what you can't pay for!

Danny's lawyer says that there is a "legitimate dispute" against the claim and that nothing is Danny's fault. He also insists that the matter will be straightened out soon and that the condos Danny's company intends to build will still see the light of day.

Maybe you should have stuck to acting, bb! At least you were moderately good at that.

[Image via WENN.]

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16 comments to “Bankruptcy!”



  1. 1

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    Scientology kills!
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    Remember Lisa McPherson
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    *



  2. 2

    Maybe he gave too much to Scientology….



  3. 3

    No Scientologist to bail him out?? Tom?? John?? Your brother is hurting!!



  4. 4

    Tomatobank??



  5. 5

    in the seventies people paid their bills



  6. 6

    You can relate to him……. didn't you file for Bankruptcy before too ???????
    If so…. I think you need to skip the comment on this one !!!



  7. 7

    8 years staring on a Hit TV show and he's deadbeat broke; Looks like Bijou Phillips will be leaving you real soon; she ain't gonna support your lazy ass. Good luck getting another show (you weren't the star you thought you were).



  8. 8

    why doesnt he get his Scientology friends to bail him out?



  9. 9

    OH!! WHATEVER!!! HE WILL BE FINE!!



  10. 10

    See Mario, you're not the only one who fails at business ventures. You can take comfort in that.

  11. ass says – reply to this


    11

    You're a fucking idiot Perez.



  12. 12

    Hey Perez, he borrowed what he didn't want to pay back. Get it? His company owes the money not him. Maybe you should hire a business guy/gay before you lose all yo sh!t. Danny = Smart Man



  13. 13

    if anyone knows about bankruptcy its perez! weeee

  14. JssKa says – reply to this


    14

    and sexy…



  15. 15

    L. Ron Hubbard, Jenna Elfman, and Lea Reminy will save him, and they'll all fly off together in a big UFO. Nanoo! nanoo!



  16. 16

    oh im sure the Scientologists will bail him out.