According to multiple news outlets, Lenny Dyksta filed bankruptcy protection in California. Dykstra is facing multiple lawsuits, home foreclosure and divorce.
The "Dude" as he was nicknamed has only $50,000 available, but owes tens of millions of dollars to creditors.
Dykstra was recently interviewed on HBO's "Real Sports", where it was revealed that he was in serious financial trouble. He denied it to "Real Sports" reporter, Bernie Goldberg, but it was obvious that he was in a bad situation.
Previously the former Phillies' centerfielder and lead off man was presented by Goldberg as a financial genius who made millions on the stock market. It's true that he did make miliions, but just as quickly he's gone through the money.
Here's a link to Dystra's online investment site, which is titled NailsInvestments.com.
One of the funniest part of the interview was when Lenny tried to explain how he was making money with the stock investments. People were giving their money to Lenny for him to invest.
Here's a look at Lenny's debts.
$12.9 million, unsecured, to Washington Mutual (now part of JPMorgan Chase & Co.)
$4.2 million, unsecured, to Bank of America's Countrywide and credit card units
$3.5 million to Rockbridge Bank, Atlanta, Ga.
$2.5 million to David and Teresa Litt, real estate pros in Calabasas, Calif.
$1.5 million to K & L Gates LLP, a Santa Monica law firm
$1.1 million to United Commercial Bank, San Francisco
$962,000 to private-jet companies in New York, Cleveland and California
$512,000 to the California state labor department's enforcement unit