Broke celebrities, Stars who Went Broke Broke celebrities - Chris McAlister Former Baltimore Ravens player Chris McAlister claims he has to live with his parents despite signing a multimillion-dollar contract in 2004. Of course, he’s not the first famous person to end up broke. Read through our slide show to see who else lost it all. Broke celebrities - Burt Reynolds The “Smokey and the Bandit” star, who filed for bankruptcy in 1996 after his divorce from this actress, is facing foreclosure on his $9 million Florida estate Broke celebrities - Heidi Montag and Spencer Pratt The married former reality stars and tabloid staples say they spent all of their money and now have to live in Pratt’s parents’ beach house. Broke celebrities - Toni Braxton The six-time Grammy winner and reality star filed for bankruptcy a second time last year after amassing millions in debt Broke celebrities - Toni Braxton The six-time Grammy winner ...