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Sinbad

I'm BROKE

... Again

5/20/2013 3:30 AM PDT BY TMZ STAFF
EXCLUSIVE

0517-sinbad-scared-getty'90s comedian Sinbad claims he's broke as a joke ... again -- filing for bankruptcy for the second time since 2009.

Sinbad (real name David Adkins) filed for Chapter 7 bankruptcy last month, claiming he owes $10,991,715 in debt ... and only has $131,000 in assets.

The 56-year-old comedian -- famous for his roles in '90s movies like "Houseguest" and "Jingle All the Way" -- says he owes $374,979 to American Express, $32,199 to Bank of America, and $2.3 million to the CA Franchise Tax Board.

He also claims he owes $8.3 million to the IRS for taxes from 1998-2006, and admits he owes both state and federal taxes from 2009-2012.

According to the bankruptcy docs, Sinbad earns only $16,000 per month and can't afford to pay his bills.

But the bright side, he's still got some possessions -- a 2007 BMW 750i, a 2006 VW Beetle, a 2010 Ford F150, a 2010 Lincoln Navigator, $5,000 in home office equipment ... and 200 copies of "Sinbad's Guide to Life" currently for sale on Amazon for $6.25 each.

Sinbad filed for bankruptcy once before in 2009, but the case was dismissed because he didn't file the right documents. Calls to Sinbad weren't returned.

125 COMMENTS

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46.

UNLEVINED HARVEY    

a theme here??

460 days ago
47.

Jay W.     

$16,000 a month ($192,000 a year) may not cover a celebrity lifestyle but that sure in the hell isn't being broke. lmao

460 days ago
48.

gg    

Isn't he an AA? TYPICAL !!!!!!

460 days ago
49.

moonglow    

What a sweet deal for him! He runs up millions in debt and then cries "I'm broke" and gets to keep his stuff!! Thought you could only file B once every 10 yrs. If he was anyone else, he'd have all his stuff repoed and in jail for owing the Gov't money. He needs a financial planner or something!! What a dead-beat!!!

460 days ago
50.

violetta5    

$16,000 dollars a month is not BROKE! These celebs are out of there mind. They overspend don't pay thier taxes and then cry about how broke they are. He's trying to not pay his bills ughhhh...

460 days ago
51.

August    

I'm shocked he's able to make that much money to owe those bills; I wouldn't hire him to mow my lawn....

460 days ago
52.

Leslie    

He can come live with me! I'll take care of him! I have been in love with him since the first time I saw him on an HBO special! We are kindred spirits, lol!

460 days ago
53.

Mike    

Another broke SSSSSS...( feel free to add the next line).

460 days ago
54.

Stewie    

Women be shoppin!

460 days ago
55.

kitnplayn    

Selfish idiot. We have to pay for your extravagances. Go play in traffic. You suck the life out of society.

460 days ago
56.

dreamer4u    

How disgusting..pay your debts your friggin LOSER

460 days ago
57.

eastcoastelliot    

he would make great entertainment in the jail system,pay him the min wage and this is what his talent is worth

460 days ago
58.

Gene    

David Adkins sin is bad cut your coat according to your size but in your case your size is kinda big, keep it up fool and it'll soon be A fool and his money are soon parted....for your dumb fat arse.

460 days ago
59.

mary    

Good thing he's only broke - I thought he was dead!

459 days ago
60.

levi    

If only he was an Investment Banker, he would have to pay $0 tax's, no jail time, and get bail out money from the government to get back on his feet. Comedy doesn't pay.

459 days ago
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