Dionne Warwick

Dionne Warwick Files For Bankruptcy In New Jersey

Dionne Warwick has reportedly filed for bankruptcy in New Jersey.

The 72-year-old singer said she owes nearly $10 million in back taxes. Reports indicate that Warwick has only only $1,000 in cash to her name.

Dionne Warwick’s assets total around $25,000. Court documents revealed the singer owns earrings and two fur coats worth around $13,000. Warwick also stated that she has $5,000 worth of clothing, $5,000 in artwork, and around $15,500 in furniture.

The “Walk On By” singer filed the Chapter 7 petition in New Jersey earlier this month. Warwick reportedly owes around $7 million to the IRS for unpaid taxes from 1991 to 1999. She owes another $3 million to the state of California for unpaid businesses taxes.

The singer’s business manager and lawyer are looking to collect around $500,000 in unpaid bills.

Dionne Warwick listed her employer as Star Girl Productions in court documents. She reportedly makes around $20,950 per month. However, the filing revealed that the singer is eligible for a pension through SAG/AFTRA. The award-winning musician only makes $1,000 in royalties.

Although she makes just under $21,000, Warwick’s monthly expenses total around $20,940. Documents show that Warwick pays a personal assistant $4,000 per month and shells out $5,000 for housekeeping.