<p>Yikes, word on the street is actress Tisha Campbell-Martin and her husband Duane Martin, who is also an actor, have filed for bankruptcy!</p>
<p>According to the Daily Mail, The Martins have filed for Chapter 7 bankruptcy on Jan. 7 after claiming that they owe over $15 million in debt with only $313,000 in assets to their name!</p>
<p>Heres a breakdown of their assets:</p>
<p>$65,000 in real estate,</p>
<p>$248,000 in personal property which include:</p>
<p>$7,655 joint monthly income (to bad their monthly expenses come up to over $16,000&#8230;.talk about living beyond your means!)</p>
<p>$2 dogs&#8230; yes their documents list their dogs at two dam dollars!</p>
<p>$15,000 in household appliances</p>
<p>$2,500 in sports and hobby equipment</p>
<p>$1,000 in clothing</p>
<p>$2,500 in jewelry</p>
<p>$173 in a credit union</p>
<p>and last but not least&#8230;. about $200 in on hand cash</p>
<p>The couple also owns a 2014 Range Rover, 1999 Kawasaki Drifter, 2004 Yamaha Scooter, 2016 Range Rover and 2016 Jeep Wrangler.</p>
<p>Now as far as their debt goes, the Daily Mail is told that they owe $208,611 in tax debt and $113,000 in student loans. They also owe $3 million to a federal bank where they took a real estate loan out of as well as &#8220;$9.5 million to the City of Los Angeles for a personal guaranty, $82,000 in back state taxes for 2005 &; 2011, $86,000 to New York State Department of Taxation and $30,000 to the State Board of Equalization.&#8221;</p>
<p>Sheesh and I thought I had it bad!</p>
<p>Tisha is unsure if the checks will keep coming in from her ABC Show, the Dr. Ken Show, since her contract is up this year and she&#8217;s unsure if they&#8217;ll ask her back. As for now Martin is still getting checks from the &#8220;Real House Husbands Of Hollywood&#8221;&#8230; wonder if Kevin Hart may look into getting him a raise!</p>
<p>Anyways, what have we learned today kids? Stop trying to keep up with the Joneses! Lets chat below</p>
<p>Source:http://www.dailymail.co.uk/news/article-3522790/Martin-actress-Tisha-Campbell-Martin-husband-Duane-drowning-15-million-dollars-debt-filed-Chapter-7-bankruptcy.html#ixzz44tmsSd9x</p>
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