Isaac Hayes
Isaac Hayes, in 1976, filed for bankruptcy. One of the most important artists of the '70s, Hayes said that he owed over $6 million in taxes, but he was unable to repay the debt. He blamed his record label for poorly handling his finances. He lost a load of cash through personal lending schemes. Hayes made more music, opened a couple of restaurants, and penned a recipe book before he passed in 2008.
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