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Lorrie Morgan Files for Bankruptcy

Lorrie Morgan has filed for bankruptcy, listing her debts at between $1 - $10 million. The 49-year-old singer of such hits as 'Except for Monday' and 'What Part of No' has released a statement calling the bankruptcy simply a "part of the restructuring of my business."

"It's very important to me that my fans and business associates understand that I'm OK," she writes. "Today's economic times have affected many American families and businesses. I, along with many of you, am not immune to this fact. I would appreciate the courtesy of my friends and fans respecting my privacy regarding this matter."

This isn't Morgan's first time filing for bankruptcy. In 1992, she filed and then withdrew a petition after paying her creditors more than $846,000 in debts. Her ex-husband, fellow country singer Sammy Kershaw, also filed for bankruptcy last year.

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Adelia

Lorrie: I am sorry for your many problems through your life time. Your father, George, was one of my favorite singers.

I was so happy for you when Sammy and you got married, and saddened to hear that you are no longer together.

Financial problems are no fun but if you can get it all together and bring yourself into control, you will be so proud to have overcome what seemed to be failure. May God bless you in your effort to get your life back on track.

B

June 07 2009 at 12:09 AM Report abuse rate up rate down Reply
JANE

There is no sense in that, living beyond your means.. she makes big bucks, and can`t manage, her finances, or husbands.. what is wrong with some of these people.. That is a shame.. She is a sham, and always will be, until she wises up....

October 31 2008 at 9:15 PM Report abuse rate up rate down Reply
progolfer445

maybe she can marry for the 4th time and he'll have some cabbage

October 31 2008 at 7:25 AM Report abuse rate up rate down Reply
plsrpal

It's called she makes $$millions$$ of dollars every year.

We aren't talking about a single mother of 3, that works 3 jobs and uses her credit cards to get by. We are talking about a country music star, who wears nice clothes, drives a nice car and lives in a nice home.

Do you realize that $1million alone, would be 10 years at $100,000 lifestyle? Now, imagine you have several million. Obviously, economic times are hurting everyone but it bothers me when the rich and famous use bankruptcy as a way to "restructure" their life and then continue to rake in millions of dollars!

October 29 2008 at 7:14 PM Report abuse rate up rate down Reply
Art Jay

A story about a singer with so much talent that seems to be hidden away by a multitude of things. Failed marriages for various reasons, inabilitiy to "fit into" the mainstream of popular country singers, etc, etc. She seems to continue being bitten by misfortune and it is questionable as to how much may be self inflicted. Great music, great voice, but???

October 29 2008 at 7:00 PM Report abuse rate up rate down Reply
BETTY HARVEY

BUT YOUR CHEATING OTHER PEOPLE IS THIS RIGHT

October 28 2008 at 7:50 PM Report abuse rate up rate down Reply
grandmaster1965

i am sorry apparently some people out there doesnt have problems fincailly and sounds like a stinkin repulican

October 28 2008 at 7:14 PM Report abuse rate up rate down Reply
annalrichard

Jimmy, thank you for informing me of their separation before Keith died. I was unaware!

October 27 2008 at 10:00 AM Report abuse rate up rate down Reply
annalrichard

jheartsinhands, My boots haven't been under anybody's bed. I'm an elderly lady, (77 years of age, with a good memory)...I remember when Lorrie was born. OK?

October 27 2008 at 9:59 AM Report abuse rate up rate down Reply
kurt000111

Two people, three bankruptcies...hmmmm, you can only file once every 8 years and she's filed twice in 16 years ....what a loser !!!

October 27 2008 at 6:01 AM Report abuse rate up rate down Reply