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Celebrity Justice6/24/2009 2:45 AM PDT BY TMZ STAFF
Michael Madsen -- In Debt to the Rich & Famous

Michael MadsenNothing ruins a good friendship like money -- so it's safe to say Pierce Brosnan and Quentin Tarantino won't be talking to Michael Madsen anytime soon.

Seems Madsen is in debt to both guys big time. According to bankruptcy documents Madsen filed earlier this month, he owes $25,000 to 007 -- but he's into QT for a cool $1 million!

Pierce and QT shouldn't hold their breath while they wait for the "personal loans" to get paid back -- Madsen is almost a total of $4 million in the hole, and the docs say his net monthly income is $-3,392.

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Reader Comments

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1.

Derekthejedimaster:  957 days ago

Give the guy a break will ya, he works bloody hard for the money anyway for every not so good movie he may have made he ends up starring in a better one, Hey Mike maybe you should should move to England or Japan you're more popular over here and there than you are in America right now maybe it's because here in England we appreciate hard work and decent talent esspecially from someone like Michael aka ''Mr Blonde'' or ''The Gent'' etc ect as was his most recent role.

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2.

chromeheartsgirl:  964 days ago

who give a F if they're FIRST too fast for you....

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3.

dreamer:  964 days ago

He's a good actor who like so many have fallen to drugs and alcohol. To keep lending an addict money is to be enablers. Get him into rehab, do an intervention and if that doesn't work, pray.but DON'T give any addict money.

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4.

Only marry foreign women:  964 days ago

Keep paying that child support to divorced wives Georganne LaPiere and Jeannine Bisignano or you'll end up in jail. But keep paying for wify #3 DeAnna Madsen and the 5 children.

Pay up.

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5.

I am:  964 days ago

WTF! I know he lost his house a few years back and has a bunch of kids but what do you have to do to pull in negative $4000.00 per month? I wondered why he looked so worn and tacky at Carradines funeral...guess he didn't have anything left of the $1,025,000.00...as it obviously didn't go on his back. Up his nose perhaps? In his veins? Hopes he turns things around. It'll be years before his children reach the age of majority...get some help. Don't want to add a jail sentence to your troubles.

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6.

F-Stop:  964 days ago

Maybe he should sell an ear or something for some money

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7.

JANE DOE:  964 days ago

He is a Good Actor- what's His problem?
Just give Him another Movie QT!

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8.

FiBiker:  964 days ago

THE ONE CARDINAL RULE OF MONEY LENDING......GET SOME COLLATERAL!!!!!

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9.

Jard:  963 days ago

TRASH..I never like the crumbag..Lucky to even be in those terrible movies..His sister is very UNAttractive..he belongs in the gutter where he is

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10.

sam:  963 days ago

Most people aren't paying their bills.

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11.

csn:  963 days ago

Money is corrupting.

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12.

who gives a shit:  963 days ago

Lesson learned here-Never lend money to friends!!!!!!!!!!!!!!!!!!

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13.

john nielsen:  940 days ago

What is the big deal? He's young, handsome, he puts out, and as far as DVD movies go, he is the king. It's a good thing he did 'Hired Gun' or he would be living under a bridge in New York.

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14.

Tom B.:  600 days ago

It's well known over at Late Night that Madsen was possibly the WORST guest Letterman ever had on in the late 80's/ early 90's and I believe he was banned from ever appearing on the show again. He was high on something and treated Dave like a piece of dog crap he avoided on the sidewalk. I saw it and it was painful to watch.

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