Saturday, September 25, 2021

Duane Martin Net Worth, Divorce, Real Estate, Bankruptcy

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Duane Martin is an American actor. He has acted in films and television and has earned a lot of fame and fortune. The professional actor is also a real estate agent. He became well known and famous after getting married to his former wife and actress Tisha Campbell. In 2016, before separating, Duane and Tisha were in debt and filed for bankruptcy.

Net worth

Duane Martin has an estimated net worth of $500 thousand dollars. He has earned his assets by working in the entertainment industry. Duane is a popular actor and has worked on several film and TV projects. This helped him to earn endorsement deals and advertisements. Duane is also a real estate agent so a part of his income also comes from there.

Biography

duane

Duane Martin was born in Brooklyn, New York in August 1965. He played basketball from his young age during his time at New York University. He signed to the New York Knicks and played as a free agent. He was not able to play in the NBA, so he pursued his acting career. He made his debut on TV in 1990 in Moe’s World. He first appears in films in the 1992 film White Men Can’t Jump.

Martin has done several TV shows and films that include:

  • Down Periscope
  • Scream 2
  • The Faculty
  • Any Given Sunday
  • Deliver Us from Eva
  • Ride or Die
  • Out All Night
  • Getting Personal
  • All of Us
  • Rita Rocks
  • The Paul Reiser Show

Read more: Wes Bergmann Net Worth, Age, Career, Early Life, Bio & Relationships

Bankruptcy and Divorce

Tisha Campbell and Duane Martin filed for Chapter 7 bankruptcy. In the filing, they claimed the drowning of $15 million worth of debt. Their listed assets in real estate are $65,000 and $248,000 in personal property. The couple’s monthly income was $7,655 and they spent around $16,953 monthly.

Tisha filed for a divorce with her then-husband Duane after they had spent 22 years together. Tisha claimed that she owns $1.5 million but she doesn’t have any income source. Tisha has also charged Duane with hiding money during their marriage.

Read more: Billy Beane Net Worth, Baseball Career, Salary, Real Estate And More

Real Estate

According to reports in 2009, Tisha and Duane sold their property in Lake Arrowhead, California, and sold it for $1.597 million. The property was owned by a couple for $880,000. The house has a massive living space and has grants of water access for people who have a boat. The couple also bought $900,000 and invested in another property in Chatsworth. This was their primary residence.

Duane sold off his property in Chatsworth to pay off his multitude of debts.  He also took out a loan of $1.5 million loans that were provided to him by Will Smith. Tisha Campbell blocked Duane to receive the amount of the sale of the Chatsworth property. Duane was in heavy debt and this was the reason why the couple was forced to sell their family home. Tisha argued that Duane and his family must not be allowed to get any advantage from the real estate sale.

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Ayeshahttps://www.ccdiscovery.com/
I am Ayesha and I have always had a passion to express my views and sharing things with people. There was never another career that appealed to me other than journalism. There is something intriguing and incredible in digging out scoops and finding out the truth behind mysterious stories. I was always fascinated by stories and news that can help touch the people and their hearts. With time I found out that the stories that triggered interest in me were stories from the entertainment world. I also love to write stuff about health related topics. The passion to get to know more about what’s happening in the world led me to become a journalist. I started off writing blogs and then I got the opportunity to write for different websites on various topics. One opportunity led to another one and I have managed to gather so much of memorable and exciting experience till date. The experience that I have gained by entering in this field has been unforgettable and I continue to do so as I cover more interesting stories with all of you. I am happy with what I have done so far and I hope to explore the world of journalism even more.

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