Sinbad Goes Bankrupt!

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Another has-been celeb is going belly up!

Comedian Sinbad is losing his $1.5 million luxury home after filing bankruptcy! His Chapter 7 claim lists $10 million and $50 million in liabilities and less than $50,000 in assets.

Sinbad’s production company, which he is also losing, foot the bill for the house under his brother’s name who works for the comedian.

The house is on the market for $3 million.

Kiss it all good-bye!

[Image via Nikki Nelson / WENN.]

Feb 5, 2010 2:45pm PDT

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