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William J Cowsill, manager for his wife, daughter and five sons, the singing Cowsills, has filed for bankruptcy, it was learned Friday
The father of the group who took the family name to the top of the pop music charts in the late 1960s filed papers in federal court recently stating thata he is $445,339.01 in debt. He said he had assets of $4,873 including $78 cash.
Most of the debts were incurred in the course of managing the singing group, and are owed to dozens of hotels, recording studios, credit card companies, insurance companies, lawyers, agents, airlines and banks around the country.
The financial status of the other family memebers was not known, and Cowsill's lawyer, Paul Borges, said he had no idea whwere any of the young Cowsills were.
According to Cowsill's bankruptcy applciation, foreclosures took the 23-room mansion in Newport where the family used to lvie, a well as 184 acres in West Greenwich.
The application indicated that all but one of the severeal Cowsill cars had been repossed, and that he retained a panel truck valued at $125.
The Cowsills started in Newport, playing to local clubs, and by 1967 their records were selling in the millions.
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