Belfast Telegraph

Wednesday 16 April 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

Aries:

You will have to defer to others, which makes you anxious. There's never any problem when you're in control. You know how to act quickly and decisively. When others are at the helm, progress grinds to a halt. People deliberate endlessly over simple matters. Instead of putting pressure on the person in charge, make a strategic retreat. If you act like you don't care about the outcome of a situation, they won't be paralysed with uncertainty. You have a tendency to make people nervous.More