Can you imagine Kim Basinger in any kind of financial difficulty? Perhaps not. How about Mike Tyson and MC Hammer? Guys with a never ending flow of cash? Looks like that huh… but what’s common about these celebrities and countless others is the fact that at one time or the other, they filed for bankruptcy.

How does it happen? For one thing, Kim Basinger bought the town of Braselton, GA for $20 million at the time she was dropped out of ‘Boxing Helena’. The financial ramifications ended up in Basinger having to sell the town and filing for bankruptcy. MC Hammer and his 40-member gang ended up spending his $33 million into near bankruptcy. Mike Tyson’s pet tigers cost him $400,000 a month to maintain… and accounted for the lion’s share (pun unintended) of his humongous debts.

But help is always available, virtually everywhere, every city, including help for accounting in San Diego, or Houston or New York. Keeping track of your legal financial status is crucial, whether you’re a celebrity or an ordinary guy like me.