Actor Neil Morrissey is 'millions of pounds in debt' after property collapse
Men Behaving Badly star Neil Morrissey is millions of pounds in debt after a property scheme he invested in collapsed, it was reported.
The actor, who lives in Crouch End, north London, said he lost £2.5 million after investing in a string of hotels and pubs.
'Morally obliged': Neil Morrissey said he lost £2.5m
He told the News of the World he would not file for bankruptcy and intended to pay his creditors in full.
He said: "People advise you to take the easy route - it'll only last a year and you'll be back up and running.
"But I just thought there are too many good people who've lost their money on these deals, and I wanted to repay them as much as I possibly could.
"I feel morally obliged. Afterwards I'll feel better about myself. Now I'm working very, very hard.
"Every second out there to earn another penny. I don't sit around and get depressed about things. It's not my character."
Morrissey, who provided some of the voices in the children's television show Bob the Builder, set up a property company five years ago.
It bought pubs and hotels around the country including Brown's Hotel in Laugharne, where Welsh poet Dylan Thomas was a regular.
The company overstretched itself and collapsed, forcing Morrissey's business partner into bankruptcy.
But Morrissey has made an independent voluntary arrangement which means that all his earnings, minus his living costs, will go to his creditors for more than three years.
