The ‘Green Mile’ actor filed for Chapter 7 bankruptcy with assets totaling a mere $68,546 and liabilities to the tune of $73,151.
His monthly income was listed as $2,494 but his expenses came out to $5,281 … leaving him in the red $2,787 each month.
His assets listed include:
- 2001 Jeep Wrangler — $5,300
- Household Goods — $3,500
- Television/Printer — $2,100
- 2 cell phones — $50 each
- Gun — $350
- Clothing — $1,000
- Citibank account — $200
The actor explains he wrote 24 original screenplays registered with Writers Guild of America, but “None of them have sold. They are not believed to have any present value.”
Doug also racked up considerable debt on his credit cards:
- American Express — $17,430
- Capital One — $3,557
- Chase credit cards — $14,381
- Citibank cards — $15,300
His spouse is still listed as Courtney Stodden who lived with him at their West Hollywood rental, which he paid $2,250 a month. 23-year-old Courtney and 57-year-old Doug split up earlier this year, but never pulled the trigger on a divorce.
Doug’s only income is residuals totaling $1,857 a month on average and Courtney brought in an average of $637 a month through interest
Luckily for Doug, it seems he’s working towards financial freedom, because a judge already signed off on the discharge and closed his case.
If you don’t remember, Doug famously married Courtney Stodden in Las Vegas when she was 16-years-old.