Dionne Warwick’s Financial Problems

Grammy Award  winning singer Dionne Warwick has filed for bankruptcy in New Jersey citing financial  mismanagement. Warwick, 72 known for  such hits as 'Walk On By" and "Do You Know The Way To San Jose" filed the suit in the state where she lives and was born.The IRS claims Ms. Warwick owes more then 10.2 million in back taxes,while her average monthly income is only $ 20,940 dollars a  month, the personal bankruptcy filing is due to "negligent and gross financial  mismanagement" in the late 1980's through the mid-1990's.