Sunday, April 21, 2024

Duane Martin Net Worth, Divorce, Real Estate, Bankruptcy

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

According to Celebrity Net Worth, Duane Martin’s net worth is estimated to be $15 million. Duane Martin is an American actor and comedian who is best known for his roles in films such as “Scream 2,” “The Other Guys,” and “The Seat Filler.” He has also appeared on television shows such as “All of Us” and “Real Husbands of Hollywood.” In addition to his acting career, Martin has also invested in real estate and has served as a producer on several films and television shows.

Biography

duane

Duane Martin was born in Brooklyn, New York in 11 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

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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.

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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.

Joanne Elliot
Joanne Elliot
Joanne Elliot has a keen interest in the issues that college students face during their life on campus. She enjoys researching the nature of these issues to find solutions and then writing about them. Follow Joanne to learn more about the college lifestyle and how to navigate it.

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