MC Hammer – Professor

Many know MC Hammer, one of the most popular musicians in the ‘80s and ‘90s. MC’s influence has inspired many musicians to pursue their dreams no matter how hard it may seem, and people tend to forget that when they talk about him today. Even though he was famous and successful with his music career and earned a lot of money, he had poor money management and struggled with his finances, so he ended up filing for bankruptcy.

It’s unfortunate to see such a promising musician go through such hardships, but MC eventually made a comeback. Good thing he was fortunate enough to rise again from bankruptcy as some celebrities never get to experience luxury again after filing for the statement. He now officiates weddings, lectures at Ivy League Schools, and develops iPad apps. Some reports say that he is planning for a 90s nostalgia tour. He is one example that bankruptcy isn’t a dead end.