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Celebrity Justice
Michael Madsen -- Go Big or Go Homeless

Posted Oct 28th 2009 12:07AM by TMZ Staff

Michael Madsen Being broke usually means it's time to make sacrifices, but not for Michael Madsen -- dude declared bankruptcy, then allegedly racked up $80,000 in unpaid rent on a mansion ... and now faces eviction.

According to docs filed last Thursday in Los Angeles Superior Court, the owner of Michael's luxury Malibu home claims the "Kill Bill" actor skipped out on his $20,000/month rent four months in a row ... and now owes $80,000.

If he doesn't pay up, Michael could be homeless -- according to the docs, the owner intends to evict him if the debt isn't covered.

It's unclear how Michael planned to pay his rent since he filed docs for bankruptcy back in June, which say his net monthly income was $-3,392.

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Tags: bankrupt, bankruptcy, eviction, kill bill, KillBill, michael madsen, MichaelMadsen

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1. Don't steal my thunder. :(

Posted at 12:12AM on Oct 28th 2009 by Simone

2. what a stupid dumbazz piece of human excrement

Posted at 12:58AM on Oct 28th 2009 by Rebecca

3. $20 Thousand a month rent? What a moron should have bought a house when he was making money. Now the loser files for bankruptcy - that's what you get - nobody to blame but your damn self.

Posted at 1:18AM on Oct 28th 2009 by What a Moron

4. This guy lost a house he actually owned a few years back!

Posted at 1:56AM on Oct 28th 2009 by pammy

5. She should get a job as Sonny Red. That ought to bring in some revenue. Of course he might get clipped.

Posted at 1:59AM on Oct 28th 2009 by Paparazzo@frog.cc

6. Damn! He really doesn't know how to manage his money. I can't believe he's broke and stiffing people for rent.

Posted at 2:24AM on Oct 28th 2009 by CriticAl

7. TMZ, is it necessary to be THAT intrusive? C'mon, have some class. Besides, Michael Madsen will be fine. He still has a home in the foothills, outside of FRESNO. Beautiful estate.

Posted at 5:03AM on Oct 28th 2009 by Leave Mr. Madsen alone, please.

8. SPEAKING OF BUMS, THUGS, AND DUI'S ....DID YOU KNOW THAT 7 TIME DUI CONVICT WAS RELEASED WITHOUT RESTRICTIONS....Source KMOV St. Louis....DEMAND THE DISBARMENT OF RELEASOR.....the appearance of impropriety in this matter will lead to DUI death....CONTACT THE IL ATTORNEY REGISTRATION AND DISCIPLINARY COMMISSION AND DEMAND THE DISBARMENT OF RELEASOR ST CLAIR COUNTY ILLINOIS STATES ATTORNEY ROBERT HAIDA.

Posted at 5:43AM on Oct 28th 2009 by AreYouKidding

9.
$20,000.00 a month.
$666.67 dollars a day.
$27.78 dollars an hour.

I ain't paying any mansion USD$27.78 an hour to accommodate me. Unless this mansion brings in money, that is.

Posted at 7:21AM on Oct 28th 2009 by shuffler

10. He was rich. Now he be poor folks.

Posted at 8:12AM on Oct 28th 2009 by Jess

11. if he takes one acting job that debt is paid off with cash in his pocket.

Posted at 10:00AM on Oct 28th 2009 by LaLa

12. Free Willy 4?

Posted at 10:24AM on Oct 28th 2009 by forthemoney

13. He was sooooo hot in "A House on a Hill"

Posted at 11:55AM on Oct 28th 2009 by Ingrid

14. don't these people know how to manage their money? guess they'll learn real fast being broke.

Posted at 12:29PM on Oct 28th 2009 by goldieok