, actor and brother of 30 Rock
star Alec Baldwin
, is millions of dollars in debt and opted to file for bankruptcy in New York on Tuesday.
The 43-year-old filed for Chapter 11 protection along with his wife Kennya Baldwin
. The couple owe
more than $2.3 million; $1.2 million on two mortgages against their 1.4 acre New York property on the west shore of the Hudson River, and $1 million in back taxes. There is also