Belfast Telegraph

Sunday 3 May 2015

Warwick files for bankruptcy

Dionne Warwick has filed 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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Taurus:

Reduced finances are a source of strain. It's hard to cultivate intimacy when you're always worried about making ends meet. Whether you're in a business or romantic relationship, you should make a plan for the future together. Consolidating your debts and putting yourself on a strict repayment plan are among the possibilities. Instead of worrying how your situation will appear to others, think about what will be best for you. Making a fresh start will draw you and your partner closer together.More