It looked like Lorrie Morgan has filed for bankruptcy a second time. The news reported that Lorrie Morgan filed for bankruptcy in Nashville’s federal court.

Lorrie Morgan listed her creditors which included Internal Revenue Service, lawyers and financial companies. Lorrie Morgan stated her assets were around half to $1 million but her debts were between $ 1 – 10 million. Lorrie Morgan had filed for bankruptcy in 1992 but she was able to settle $800,000 in debts.

Lorrie Morgan was married to Sammy Kershaw but she filed for divorce in 2007. Sammy Kershaw had financial problems and filed for bankruptcy. Then Kershaw announced he was trying to run for the post of the lieutenant governor of Louisiana. Kershaw, a singer, failed in his bid.

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This entry was posted on Friday, October 24th, 2008 at 5:11 pm and is filed under News.