Seven Stars in Dire Financial Straits

She allegedly owed money for unpaid taxes, an aborted book project and equipment rental fees. She was also overdue in paying for renovations to her New York City town house, according to court documents.

Earlier this month, The New York Times reported that Leibovitz is trying to rectify her financial woes by hocking her photographs. In December, she borrowed $10.5 million from the Art Capital Group, on top of the $5 million she borrowed from the same firm in the fall. She put up as collateral the rights to all her photographs, along with her town house and a country house.

Ruben Studdard

"American Idol" fame isn't helping R&B crooner Ruben Studdard pay his bills these days. In August, the season two winner was hit with property liens for allegedly failing to pay nearly $200,000 in state and federal taxes, according to court records.

According to a lien filed in an Alabama court, the state that Studdard calls home, the singer owes the federal government $171,920 in unpaid income taxes and $21,730 in state income taxes.

The court documents noted that the majority of Studdard's unpaid taxes are from 2003, the year he won "American Idol."

Ed McMahon

Times are tough for Johnny Carson's former right-hand man. Ed McMahon shocked fans last summer when he announced he was on the brink of foreclosure. Things seemed to take a turn for the better when at least two people offered to buy McMahon's six-bedroom Beverly Hills mansion, including Donald Trump, who said he would lease the home back to McMahon.

Even though an unidentified potential buyer outbid Trump and then backed out of the deal in September, the real estate mogul said he still wants to help McMahon.

"We are currently working with the broker who is coordinating the efforts of the various lenders that have interest in the McMahon property," Trump's spokesman Michael Cohen told CNBC. They're hoping to come to terms soon."

Meanwhile, McMahon's health is declining. The ex-"Tonight Show" sidekick was hospitalized with bone cancer in February.

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