What Is Kevin Spacey's Legal Bill Fiasco? Actor Opens Up About ‘Many Millions’ Worth Of Debt

Kevin Spacey revealed his financial struggles and foreclosure of his Baltimore home due to legal fees from sexual misconduct trials while receiving support from fellow actors.

Published on Jun 12, 2024  |  11:05 PM IST |  38.2K
Image via Youtube/Netflix
Kevin Spacey (Image via Youtube/Netflix)
Key Highlight
  • Kevin Spacey’s house in Baltimore is being foreclosed
  • Sharon Stone, Liam Neeson have publicly expressed their support for Spacey

Trigger warning: This article contains references to sexual misconduct. 

Kevin Spacey fought back tears during a recent interview on Piers Morgan Uncensored. He revealed that his house has been foreclosed due to the many millions he owes in legal fees from his sexual misconduct trials. When Piers Morgan asked him where he lives now, Spacey admitted he no longer has a permanent home and barely has any money left.

Foreclosure and financial woes

Kevin Spacey said during the interview, “It’s funny you ask that question because this week, where I have been living in Baltimore is being foreclosed on. My house is being sold at auction, so I have to go back to Baltimore and put my things in storage. So the answer to that question is, I’m not sure where I am going to live now.” 

Since 2012, he has lived in Baltimore, where House of Cards was filmed. That leaves his current financial situation up in the air as to what’s next for him. He claimed that he could not pay the bills that he owed.

Spacey choked back tears when he was asked whether he was facing bankruptcy right now. He said that he had considered filing for bankruptcy several times; however, he has managed to avoid it so far. 

When Morgan asks him to talk about Spacey’s present financial status, Spacey answers that he does not have any. However, he has debts he does not know how to repay. Among the debts, the considerable ones are worth many millions.

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Kevin Spacey - Image via Instagram

Legal battles and allegations

Spacey has faced multiple allegations of sexual assault since 2017’s #MeToo campaign. He did not molest actor Anthony Rapp, which a New York jury found in 2022. A UK court later exonerated him from nine charges of sexual harassment by four complainants. Despite these verdicts, Spacey still faces lawsuits and holds fast to his denial.

The British documentary series Spacey Unmasked aired recently and is currently streaming on HBO Max. It contains testimonies on Spacey’s alleged misconduct, including one saying he had fondled another House of Cards actor. Spacey got fired from the Netflix show because of the inappropriate behavior at work.

Reflections on House of Cards

“It was a wrong decision,” Spacey commented on his removal from House of Cards. He pointed out that this forced them to respond similarly to other accusations against their employees. Nevertheless, he stated his support for co-star Robin Wright, who hasn’t spoken since those allegations appeared in the public domain in 2017.

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Despite the scandals surrounding him, some actors like Sharon Stone and Liam Neeson have come forward to support Spacey. Stone talked about his talent and generosity, while Neeson said he was a great man and a brilliant person whose absence has been felt in the industry.

An interview with Kevin Spacey on Piers Morgan Uncensored demonstrates how legal battles and allegations have taken their toll on his life and career. With both his financial and personal lives falling apart, there’s no telling what will happen to Spacey next.

Disclaimer: If you need support or know someone who is struggling with harassment, please reach out to your nearest mental health specialist, or NGO or speak to someone about it. There are several helplines available for the same.

ALSO READ: Kevin Spacey Blasts Docuseries About His Alleged Crimes; Says He Won't 'Sit Back and Be Attacked'

FAQs

Why is Kevin Spacey's house being foreclosed?
Spacey's house is being foreclosed because he owes many millions in legal fees from his sexual misconduct trials.

Has Kevin Spacey received support from other actors?
Yes, actors like Sharon Stone and Liam Neeson have publicly supported him, praising his talent and character.

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About The Author

Shovan has a Masters in Mass Communication and Journalism degree from Calcutta University. He loves to live in the

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