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Sinbad

Debt School Graduate

7/21/2013 12:00 AM PDT BY TMZ STAFF
EXCLUSIVE

0712_sinbad_articleSinbad just got a brand new degree from debt school ... and all it cost him was $11 MILLION ... TMZ has learned.

If you recall, the '90s comic -- who starred opposite Scott Bakula in "Necessary Roughness" ("Andre does not eat raw meat, 'cause Andre's a vegetarian!" God we loved that movie) -- is broke now and filed for bankruptcy back in April.

But in order to enjoy the full benefits of bankruptcy (the govt. wiping away debts) ... he was required to complete a course on personal financial management -- and guess what, HE PASSED!

It's great news for Sinbad, considering he owes $10,991,715 in debts ... and claims he's only got $131,000 in assets.

So congrats, Sinbad ... not just for graduating debt school, but for knocking Robert Loggia on his ass back in 1991!!!! (god, we loved that movie)

23 COMMENTS

No Avatar
1.

dreamon    

FIRST!! ... No really.

406 days ago
2.

Dr. Cornelia J. Dogbarker PhD    

Perfect example of a "jive turkey." The dumb idiot actually seems proud of his stupidity.

406 days ago
3.

CN    

Moobs!

Love ya, Sinbad!

406 days ago
4.

kimkardashisatrainwreck    

What a winner. Learn to manage your finances yourself.

406 days ago
5.

Bob    

def: Sinbad, Dumbass who can't count.
What the hell, can't Black people manage their money, how the f*** do you piss away 11 million? and What on?? HOUSE? Cars? No Assets? Guess he's homeless and taking Public Transport now. Loser.

406 days ago
6.

Rob    

The concept of money is so simple that a 6 year old can understand it. If you spend or borrow more than you have the ability to pay back you are going to get into trouble. If the risk is greater than the potential reward, you are going to be in trouble. If you don't pay your taxes it's going to catch up with you. So, I don't feel sorry for Sinbad. He got himself into this mess and his ability to ever earn enough money to repay debt with his limited talent is his problem.

Stop talking Sinbad, find a job and work like the majority of people and don't belly ache about it and fit your lifestyle to your income.

406 days ago
7.

just because    

i took a familly photo with sinbad once at the beach in santa barbara

406 days ago
8.

just because    

1990

406 days ago
9.

NOT ELMO    

Sinbad
Debt School Graduate.....................LOW LIFE LOSERRRRRRRRR !!!!!!!!!!!!!!!!!!!

405 days ago
10.

Doc    

HIS BOOBS ARE AS BIG AS PAM ANDERSON'S!!

405 days ago
11.

Jamey Hunter    

Next to not paying taxes, this is the new pseudo celebrity game. Rack up millions of dollars worth of debt and walk away free from it to start over again.

405 days ago
12.

Mikey    

Nice tits.

405 days ago
13.

Kelly    

Dude needs a moob job, maybe some lipo.

405 days ago
14.

Linden Groves    

That class is a requirement of bankruptcy. It takes two hours or less, it has no score so you can't "pass" it, you can do it on the internet and can cost as little as $9.00. This story is a fraud.

405 days ago
15.

mrharrybawls2012    

Sinbad's "success" as a comedian is one of the greatest unsolved mysteries of all time. He got his start (like Louie Anderson) on Ed McMahon's Star Search. Enough said.

405 days ago
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