HOLLYWOOD, California - Former Tulsan and Nathan Hale High School graduate Gary Busey, 67, has filed for Chapter 7 bankruptcy saying he has less than $50,000 to his name, according to TMZ.com.

Busey has starred in 70 movies including The Buddy Holly Story, Lethal Weapon, Silver Bullet, Rookie of the Year and Under Siege.

According to TMZ.com, Busey lists a long list of creditors including the IRS, Wells Fargo and the UCLA Medical Center.

TMZ.com also lists a woman named Carla Loeffler who is suing Busey for what she calls an assault at Tulsa International Airport in May 2011.

After graduating from Hale High School, Busey headed to Pittsburg State University in southeast Kansas on a football scholarship, before making his way to Hollywood.