Tough Times For Actor Gary Busey Who Files For Bankruptcy

Gary Busey was the bad guy on the original "Lethal Weapon" movie with Mel Gibson and Danny Glover. He also played rock legend Buddy Holly in "The Buddy Holly Story."

Recently his biggest screen role was on E's "Celebrity Rehab". Anyone who has followed his career can see the downward spiral.

Busey is in massive debt and filed for bankruptcy in Los Angeles. Busey is claiming to have less than $50,000 in assets and over $500,000 in debt. Ouch. I wish him well.