The former Baywatch star has revealed he only has $4,000 in the bank.
David Hasselhoff has claimed that he his completely broke.
The former "Baywatch" star can no longer afford the $21,000-per-month alimony payments to ex-wife Pamela Bach as he claims less than $4,000 to his name, according to TMZ.
Hasselhoff and Bach tied the knot in 1989 and called it quits in 2006.
He now grosses $112,000 a month and has $66,000 worth of expenses, so the actor says after shelling out Pamela's portion and paying taxes he's unable to save anything. Hasselhoff has been now pushing to lower the amount of spousal support to Pamela.
Hasselhoff said he's trying to remain relevant, but not having much luck.
David Hasselhoff admits that he has $1.79 million in assets, including homes, cars, jewelry, and artwork.
"I now have less than $4,000 in liquid assets and have recently had to withdraw additional funds from my retirement plan in order to pay for my living expenses", Hasselhoff says in the documents.
Hasselhoff says poor ticket sales cut his European tour short, and at best, his reality show Hoff the Record is a gamble in terms of solid income.
There is a court hearing set for the end of the month to resolve the issues, TMZ reports.
Bach, who now gets $252,000 a year from her ex reportedly claims the actor is worth more than $120 million and is still working.
Hasselhoff and Bach married in December 1989 and have two daughters together, Taylor Ann Hasselhoff, 26, and Hayley Hasselhoff, 24.
Kitt : come hit this bitch
David Hasselhoff has claimed that he his completely broke.
The former "Baywatch" star can no longer afford the $21,000-per-month alimony payments to ex-wife Pamela Bach as he claims less than $4,000 to his name, according to TMZ.
Hasselhoff and Bach tied the knot in 1989 and called it quits in 2006.
He now grosses $112,000 a month and has $66,000 worth of expenses, so the actor says after shelling out Pamela's portion and paying taxes he's unable to save anything. Hasselhoff has been now pushing to lower the amount of spousal support to Pamela.
Hasselhoff said he's trying to remain relevant, but not having much luck.
David Hasselhoff admits that he has $1.79 million in assets, including homes, cars, jewelry, and artwork.
"I now have less than $4,000 in liquid assets and have recently had to withdraw additional funds from my retirement plan in order to pay for my living expenses", Hasselhoff says in the documents.
Hasselhoff says poor ticket sales cut his European tour short, and at best, his reality show Hoff the Record is a gamble in terms of solid income.
There is a court hearing set for the end of the month to resolve the issues, TMZ reports.
Bach, who now gets $252,000 a year from her ex reportedly claims the actor is worth more than $120 million and is still working.
Hasselhoff and Bach married in December 1989 and have two daughters together, Taylor Ann Hasselhoff, 26, and Hayley Hasselhoff, 24.
Kitt : come hit this bitch
