Dionne Warwick is down her last $1,000 in cash.
- Dionne Warwick, one of the most
recognizable pop voices of the 1960s, filed for bankruptcy last week
citing more than $10 million in tax debt dating back to 1991.
Warwick, 72, made hits
out of many Burt Bacharach and Hal David songs and won five Grammys in a
50-year career. The singer is down her last $1,000 in cash and only
owns furniture and clothing worth $1,500, according to the Chapter 7
filing in New Jersey.
The bankruptcy documents
filed in New Jersey last Thursday outline a sad financial situation for
Warwick, the aunt of Whitney Houston.
Along with $7 million in
federal IRS debt, Warwick said she owes more than $3 million to the
state of California in franchise taxes. Another $500,000 is owed to a
lawyer and a business manager, the filing said.
Warwick's total assets
are worth just $25,500, mostly because of two fur coats and two sets of
diamond earrings valued at $13,000, the documents showed. She also
claimed clothing worth $5,000, art worth $5,000 and furniture valued at
$15,500.
Warwick recently took a credit card debt management class, it said, perhaps relating to a $20,000 Visa debt.
Her annual income was
listed at just $20,950, although she is eligible for a pension from the
SAG/AFTRA union, the filing said. Warwick listed her employment with
Star Girl Productions, an entertainment management company.
She has been touring in recent months, singing her hits for fans in Europe and South America, according to her website.
Warwick's success began in 1962 with "Don't Make Me Over," followed by 18 consecutive Top 100 singles.
Other Bacharach/David
classics include "Walk on By," "Anyone Who Had a Heart," "Message to
Michael," "Promises Promises," "A House is Not a Home," "Alfie," "Say a
Little Prayer," "This Girl's in Love With You," "I'll Never Fall in Love
Again," "Reach Out For Me," and the theme from "Valley of the Dolls."
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