TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

'Blair Witch' Producer

Files for Bankruptcy --

I Have $900 To My Name

4/13/2012 4:00 AM PDT BY TMZ STAFF
EXCLUSIVE

0412_blair_witch_logo
The executive producer of "The Blair Witch Project" has filed for bankruptcy -- claiming he has a mere $900 to his name ... and he's drowning in $132,000 of debt.

Kevin J. Foxe filed the Chapter 7 papers this month in bankruptcy court in California -- claiming he owes a laundry list of creditors a grand total of $132,724 ... the largest chunk of which is in unpaid taxes due to the IRS ($60,214)

As for his assets -- Kevin says he has $100 in cash on hand, $500 worth of household furnishings, $100 worth of personal clothing, and $200 in sporting equipment (bicycles, soccer balls, etc.) ... $900 total.

It's pretty shocking -- considering "Blair Witch" is one of the most profitable movies EVER based on return on investment. The movie's principal photography cost a mere $25,000 ... and it went on to make $248 MILLION worldwide.

Foxe has produced over ten projects since the 1999 hit. It's unclear what went wrong.

Foxe had no official comment.

40 COMMENTS

No Avatar
31.

sam    

LISTEN DUDE ONLY GOT A MILLION DOLLARS FOR THE BWP THAT IS IT
A MILLION DOLLARS FROM ARTISIAN < GET IT ??????

887 days ago
32.

sam    

foxe only got a million dollars for the BWP

887 days ago
33.

Logan    

What a movie makes and what he got are very different. Keep in mind they sold the rights to the movie for very little compared to what it grossed. It's the studio that bought the movie that made the real money.

887 days ago
34.

Nick    

He should make a movie about "what went wrong".

886 days ago
35.

Kim K's Nipple    

"she don't lie ...cocaine..."

886 days ago
36.

amccrea    

Wow, I buy more in groceries than he has money in his hand.
I bet a lot of his money went to bad investments because he listened to the high elite hollywood *******s. You could have been set if you just lived as **** never happened.

870 days ago
Previous 15 Comments | 1 | 2 | 3

Around The Web