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Michael Jackson's Doctor

Files For Bankruptcy

1/25/2011 11:48 AM PST BY TMZ STAFF

Michael Jackson's doctor and longtime confidante,  Dr. Arnie Klein -- one of the most successful docs in Bev Hills -- has filed for bankruptcy ... TMZ has learned.

Dr. Arnie Klein Bankruptcy

Klein -- who filed his petition in U.S. Bankruptcy Court in L.A. -- claims debts between $1 and $10 million.

Klein -- a dermatologist with an enormous celebrity clientele including Cher, Elizabeth Taylor and Dolly Parton  -- owes $80,000 to American Express, $127,000 to the IRS, nearly $2.6 million to City National Bank for a mortgage, $50,000 to one of his lawyers, $20,000 to the landlord of his office building, and $115,000 to Dr. David Rish, the doc who shares office space with Klein.

Klein, who also owes nearly a quarter of a million bucks to medical suppliers, filed for Chapter 11 last Thursday.

105 COMMENTS

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1.

MJ is the Greatest of all    

ALSO HE OWES 10 MILLION TO MJ!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! HE STOLE FROM MJ!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

1346 days ago
2.

angles    

NOW IF HE HAD KEPT HIS MOUTH SHUT HE WOULDN'T BE IN SITUATION HE DREW TOO MUCH ATTENTION TO HIM SELF AND PEOPLE HAVE DECLINED HIS PRACTICE

1346 days ago
3.

Bubbles The Chimp    

Have no sympathy for rich idiots who can't manage their own wealth and spend money like fools.

1346 days ago
4.

Squeaky Shoes    

with the rediculous amounts of money he was more than likely getting from celebrities, he shouldn't be in this situation...

that's what happens when you get greedy arnie, you don't pay people you owe money to and you screw yourself!

1346 days ago
5.

MJ is the Greatest of all    

NOW YOU ALL SEE WHY HE MADE UP STORIES ABOUT MJ BEING GAY AND HAVING A SECRET LOVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


IT WAS ALL FOR $$$$$$$$$$$$$$$$$$$$$$$

SOME KIND OF "FRIEND"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

1346 days ago
6.

HarlotO'Hara    

awww...paris and prince's dad is filing bankruptcy. oh well.

1346 days ago
7.

CarolynAB    

He's hiding his assets, and this is a scheme to protect what he does have.

He's a disloyal,indiscreet, back-stabbing lout. They should come after him like a steamroller.

1346 days ago
8.

Maggie    

shameless...... sooner or later he has to pay not only what he owes ($) but what he did to MJJ. All lies he said about him after his death. He deserves what he's going through and more..you get what you pay for....

1346 days ago
9.

get real    

No More Cash Cow celeb vists. IE: MJ....

1346 days ago
10.

Sandra     

This is one slimey guy!! Can't feel sorry for someone who made a fortune and supposedly lost same!

1346 days ago
11.

A.M.D    

SURE HIS MEAL TICKET IS GONE OF COURSE HE'S IN MEGGA DEBT THE LOW LIFE S***!

1346 days ago
12.

lovemj    

i pity the fools that thinks Paris and Prince looks like this man - are you blind or just insane?

1346 days ago
13.

HarlotO'Hara    

lovemj...your name speaks volumes. you're as nuts as mj.

1345 days ago
14.

Fred Farkel    

Most of us around the country pay $10 - $20 per square foot these days to rent office space.

I pay $8 in Michigan. We are poor people in Michigan.

In Beverly Hills - a doctor with a high profile business may pay $1,000 - $1,500 per square foot.

And guess what???


Those high profile clients in Beverly Hills are now all paying the mortgages and private school tuition for their grown kids and grandkids because their kids have all lost their jobs.

Translation???

Botox treatments have taken a big hit - I assure you.

1345 days ago
15.

lovemj    

Thanks HarlotO'Hara, I am pretty much like him _ minus the dancing and singing and money...LOL

1345 days ago
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