Belfast Telegraph

Thursday 23 October 2014

Warwick files for bankruptcy

Dionne Warwick has filed for bankruptcy

Singer Dionne Warwick has filed for bankruptcy as she owes nearly 10 million US dollars (£6.5 million) in back taxes.

In a Chapter 7 petition filed this month in New Jersey, Warwick lists liabilities that include nearly seven million dollars (£4.6 million) owed to the Internal Revenue Service for the years 1991 to 1999 and more than three million dollars (£1.9 million) in business taxes owed to the state of California. Warwick lists her current address in South Orange.

The singer of classics such as Walk On By, I Say A Little Prayer and Do You Know The Way To San Jose? also lists about 21,000 dollars (£13,000) in monthly income and about the same amount in monthly expenses.

Warwick's publicist said the singer has paid back the actual amount of the taxes but that penalties and interest have accumulated over the years.

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Your Horoscopes by Russell Grant

Scorpio:

It's important to treat yourself well. Constantly deferring to others will deprive you of the finer things in life. Carve time out of your busy schedule to pamper yourself. Taking a nap, solitary walk or hot bath will revive your spirits. Get into the habit of spending more money on creature comforts. Treat such as gourmet food, beautiful clothes and intriguing books are investments in your happiness. Others may object at being put farther down on your list of priorities, but that's their problem.More