Dionne Warwick Files for Bankruptcy

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Singer Dionne Warwick has filed for bankruptcy after discovering that she owes more than $10 million in taxes.
The Grammy Award-winner filed for bankruptcy protection on March 21 in U.S. Bankruptcy Court in New Jersey, according to documents obtained by ET.
The court papers estimate the singer's total liabilities at $10.7 million -- mostly in tax claims by the Internal Revenue Service and the state of California -- compared to just $25,500 in total assets.
Warwick's publicist, Kevin Sasaki, said in a statement that the bankruptcy filing was necessary after the singer had "repeatedly attempted to offer re-payment plans and proposals" to tax authorities at the IRS and the California Franchise Tax Board. "These plans were not accepted, resulting in escalating interest and penalties," Sasaki said.
Warwick, 72, is a five-time Grammy winner who won her first award in 1968 for the hit Do You Know the Way to San Jose.