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Home · News

Tisha Campbell-Martin and Duane Martin Speak Out on Filing for Bankruptcy

"We got involved with some loans before the crash, couldn't agree to a settlement with the banks, so we filed to reorganize," says Tisha Campbell of the decision.
Tisha Campbell-Martin and Duane Martin Speak Out on Filing for Bankruptcy
By Sydney Scott · Updated October 27, 2020

Actress and former Martin star Tisha Campbell-Martin and her husband, Duane Martin, have filed for bankruptcy.

Kanye West Says He’s $53 Million in Debt, Asks Facebook’s Mark Zuckerberg to Help

The couple is nearly $15 million in debt owing unpaid taxes, loans, car leases, other government debts and credit card bills. In January at the time of filing, the two claimed to only have $200 in cash and $173 in a credit union. They also stated that their restaurant in Sherman Oaks and their company XE Visions, Inc. no longer turn a profit leaving their financial future heavily dependent on the renewal of Tisha’s sitcom, The Dr. Ken Show.

Was 50 Cent’s Bankruptcy Filing the Best Move?

The actress explained their decision to file for bankruptcy in a statement: “We got involved with some loans before the crash, couldn’t agree to a settlement with the banks, so we filed to reorganize.”

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