Gary Busey Has Filed for Bankruptcy, And He Claims He’s Seriously Broke [VIDEO]

My favorite borderline insane person Gary Busy has filed for bankruptcy and if the numbers he reported to the court are lon the up & up, he's seriously broke. Busey claims he has only $50,000 in assets and between $500,000 and $1 million in debt.

His rep says, quote, "Gary's filing is the final chapter in a process that began a few years ago of jettisoning some of the litter of past unfortunate choices, associations, circumstances, and events."Poor Busey. Check him out in a recent Video:

Let's take a look back at Busey in his full psychosis:

I love watching his craziness!
Read more at TMZ.