Blogs

Actor Danny Trejo Filing for Bankruptcy

Feb 16, 2023 | Community News

February 16, 2023

BARRIO – American actor Danny Trejo has had quite a successful Hollywood career and gained recognition by working in movies like DesperadoHeat, and the From Dusk Till Dawn. The Latino action legend continued to work hard and became one of the richest celebrities in the industry with his often hyper-masculine, villainous, and anti-hero role.

As per recent reports, the actor who runs a successful Tacos franchise is now filing for bankruptcy to escape from IRS however his reason for bankruptcy is rather personal.

Born in LA, the 78-year-old actor, Danny Trejo as per TMZ is filing for bankruptcy. However, the reports have clarified that his big decision is not because of him being broke or anything but “he’s just got a nagging bill with the IRS that would best be resolved this way.”

As per the outlet, the actor is going to file on Tuesday for “Chapter 11 bankruptcy” regarding personal debt.

The report stated that the bankruptcy “has to do with reorganizing his assets to help deal with this debt he owes Uncle Sam which he says is about $2 million in taxes.”

The legendary actor explained that he was “mistakenly claiming deductions” for many years which has now piled up. 

Even though the Heat star is currently engaged in his personal debt, the report has confirmed that his different business ventures are not going to be affected. His ventures include his record label, his coffee/donut shops, and, renowned Trejo’s Tacos.

He is expecting to finally get rid of his debt by next year.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

Colombian Stars drop massive collab, but not everyone is happy

It looks like " +57" is set to be a monumental track celebrating Colombia's vibrant music scene! The collaboration among these influential Colombian artists represents not only a powerful showcase of their collective talent but also a tribute to the rich musical...

Remembrance Day 2024 in Toronto

Toronto is marking Remembrance Day 2024 with ceremonies across the city. Prospect Cemetery (1450 St Clair Ave. W.): Sunrise service at 8 a.m. with Mayor Olivia Chow in attendance. Meadowvale Cemetery (Brampton): 8 a.m. sunrise ceremony. Old City Hall Cenotaph (50...

Canada shuts down TikTok over National Security risks

The Canadian government has mandated ByteDance to dissolve TikTok's business operations in Canada by the end of 2024 due to national security concerns related to its Chinese ownership and potential data sharing. While access to TikTok will remain for Canadian users,...

Events

Related articles

Remembrance Day 2024 in Toronto

Remembrance Day 2024 in Toronto

Toronto is marking Remembrance Day 2024 with ceremonies across the city. Prospect Cemetery (1450 St Clair Ave. W.): Sunrise service at 8 a.m. with Mayor Olivia Chow in attendance. Meadowvale...