Lenny Dykstra (Getty Images)
LOS ANGELES -- Baseball great Lenny Dykstra has filed for bankruptcy protection, citing more than $31 million in debts.
The former center fielder for the New York Mets and Philadelphia Phillies has less than $50,000 worth of assets and liabilities of between $10 million and $50 million, according to the petition filed with the U.S. Bankruptcy Court for the Central District of California in the San Fernando Valley. He also claims to have between 50 and 99 creditors.
Dykstra, 46, whose lifestyle included a lavish house, a jet and a Rolls Royce, says he owes millions of dollars to his 20 largest creditors, many of them banks. He owes JPMorgan Chase & Co. $12.9 million, according to the documents, and Bank of America's Countrywide and credit-card units a combined $4.2 million.
His filing follows at least two dozen lawsuits over his business and financial dealings.
Dykstra, nicknamed "Nails" for his rough-and-ready style, is a former All-Star who spent 12 years with the Mets and the Philadelphia Phillies. He won a World Series with the Mets in 1986.
The former center fielder for the New York Mets and Philadelphia Phillies has less than $50,000 worth of assets and liabilities of between $10 million and $50 million, according to the petition filed with the U.S. Bankruptcy Court for the Central District of California in the San Fernando Valley. He also claims to have between 50 and 99 creditors.
Dykstra, 46, whose lifestyle included a lavish house, a jet and a Rolls Royce, says he owes millions of dollars to his 20 largest creditors, many of them banks. He owes JPMorgan Chase & Co. $12.9 million, according to the documents, and Bank of America's Countrywide and credit-card units a combined $4.2 million.
His filing follows at least two dozen lawsuits over his business and financial dealings.
Dykstra, nicknamed "Nails" for his rough-and-ready style, is a former All-Star who spent 12 years with the Mets and the Philadelphia Phillies. He won a World Series with the Mets in 1986.
