This week the celebs have been battling to stay out of one particular hall of fame - celebrity bankrupts.

Pamela Anderson was forced to make a statement that her finances were sound after rumours started circulating, while 1980s DJ Mike Read (who famously had Frankie's Relax banned by the BBC) had to put his £1 million record collection up for auction after running out of cash.

So it seems an apt time to peek through the doors of the celebrity bankruptcy hall of fame.

1. Kim Basinger. Her decision to pull out of Boxing Helena, and the subsequent court case left Kim in the hall of fame, declaring herself bankrupt in the early 1990s. She had to sell a town she had bought (yes a whole town) to pay the bills.

2. Meatloaf was another one laid low by a lawsuit. After a host of legal battles he declared himself bankrupt in 1983.

3. Burt Reynolds was felled by divorce, leaving him owing $100,000 and going bankrupt in 1996.

4. MC Hammer. The large-trousered singer managed to lose everything without the help of a lawsuit. He simply employed 300 people to look after his every need, spent every penny, and ran up a stunning $13 million debt.

5. Mike Tyson. Now there's a man who has had his ups and downs. In 2003 his $27 million of debts got the best of him - including one bill for $13.3 million in tax.

6. Chris Eubank was another one with a tax bill landing him in hot water. He went bankrupt in 2005 with a bill of £1.3 million owed to HMRC. He paid it all a year later.

7. Kerry Katonia was a more recent entrant to the hall, being declared bankrupt this year - possibly not a golden year for the reality TV star.

8. Model Sophie Anderton famously went bankrupt in 2004 after a drug addiction took its toll.

9. Perez Hilton, before he hit the big time, hit the credit cards and was forced to declare himself bankrupt.

10. And of course there are the celebrity chefs who have been hitting the skids in droves in the last year or so. John Burton Race was one of the few actually forced to declare himself bankrupt, while Keith Floyd had set the standard with bankruptcy back in 1996.