Westlife's Shane Filan: famous bankrupts and what they tell us

Sarah Coles
Shane Filan
Shane Filan

Fiona Hanson/PA Wire/Press Association Images

Shane Filan, Westlife star and all round National Irish Treasure, has been declared bankrupt at the age of 32. As he prepares for the band's farewell tour, he is also bidding farewell to a life of privilege, as he admits to debts amounting to a shocking £18 million.

So what can we lean from his experience, and from the famous faces of bankruptcy?