Former teen heartthrob David Cassidy earns $12,500 monthly, but expenses of $27,000 during the same period mean he’s racking up a whopping $174,000 in debt every year, according to a new document filed in the singer’s bankruptcy case.
Cassidy, 64, filed for chapter 11 bankruptcy protection last month to stop the financial bleeding after a tough year that included his third drunken driving arrest and a nasty divorce battle with his estranged wife of 23 years, Susan Cassidy