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Tim Gaines

Stryper frontman: We individually filed for bankruptcy with $2 million debt

April 17, 2018 // 1 Comment

FRONTMAN Michael Sweet has revealed each member of Stryper declared himself bankrupt in 1991 when the band’s debts hit $2 million. Speaking on the Noize In The Attic podcast, Sweet says himself, brother and drummer Robert Sweet, guitarist Oz Fox and former bassist Tim Gaines had to take the hit personally because they had not formed an incorporated company. “We filed bankruptcy years ago,” Sweet said. “We were doing really well and we wound up spending more than we were making and we wound up having a $2 million-plus debt … 1991. “During the Against The Law period we were spending tonnes of money and still [read on]