Kevin Spacey, the acclaimed Oscar-winning actor, is grappling with severe financial difficulties due to ongoing legal battles related to numerous sexual assault allegations.

In a candid interview with Piers Morgan on “Piers Morgan Uncensored,” Spacey revealed that he is “many millions” of dollars in debt, with no substantial assets left. “I still owe a lot of legal bills that I have not been able to pay,” the 64-year-old actor confessed.

Spacey, who moved to Baltimore in 2012 for the filming of Netflix’s “House of Cards,” shared the distressing news that his property in the area is being foreclosed on. “My house is being sold at auction.

So I have to go back to Baltimore and put all my things in storage. So…I’m not quite sure where I’m gonna live now,” he said, visibly emotional. Despite his dire financial situation, Spacey has managed to avoid filing for bankruptcy so far.

The Impact of Sexual Assault Allegations

The actor’s financial woes stem largely from the legal costs incurred from defending himself against multiple sexual assault accusations. The first public accusation came in 2017 when actor Anthony Rapp alleged that Spacey had made inappropriate advances toward him in 1986, when Rapp was just 14 years old. Spacey later criticized his initial response as a “bad statement,” which included an apology to Rapp and a public disclosure of his sexuality.

In a civil lawsuit that Rapp brought in 2022, a jury in New York found Spacey not responsible. Additionally, last year, Spacey was acquitted of all nine charges in a criminal case in London where four men accused him of sexual assault between 2001 and 2013.

Despite these acquittals, the legal battles continue. Spacey is now facing another trial in the UK, stemming from a 2008 sexual assault allegation. Although a judge initially ruled against Spacey’s legal team for missing a deadline, this decision was recently overturned, allowing the case to proceed to trial.

Support and Controversy

Throughout these tumultuous years, Spacey has received both criticism and support from the public and his peers. The recent documentary “Spacey Unmasked” delves into the allegations against him, including claims of inappropriate behavior on the set of “House of Cards,” which led to his firing by Netflix in 2017.

Despite this, some actors, such as Sharon Stone and Liam Neeson, have spoken out in support of Kevin Spacey, advocating for his return to the industry. Stone praised Spacey as a “genius” and “generous to a fault,” while Neeson described him as a “good man” and a “man of character.”

Future Uncertainties

As Spacey faces another legal battle and continues to grapple with financial instability, his future remains uncertain. His relationship with his former “House of Cards” co-star Robin Wright has also been strained, with the two not having communicated since the allegations first surfaced in 2017. Reflecting on this, Spacey expressed understanding of Wright’s decision to distance herself from him, acknowledging the pressures she faced.

Kevin Spacey’s story is a complex narrative of talent, controversy, and resilience. As he prepares for his next trial, the world watches closely to see how one of Hollywood’s most prominent figures will navigate these turbulent times.

The information is taken from Variety and AOL