LEGAL DOCS: BURT REYNOLDS HARD TIMES

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Hollywood icon BURT REYNOLDS in big money trouble! SEE LEGAL DOCS!
 
He was once the biggest star in Hollywood, but now Burt Reynolds has fallen on such hard times that his home is now being threatened with foreclosure.
 
 RadarOnline.com reports “The Smokey and the Bandit” star has been slapped with a lawsuit claiming he owes $1.2 million on his Hobe Sound, Florida home and if he doesn't pay up he'll be thrown off his estate.
 
The suit, filed on behalf of Merrill Lynch Credit Corp. claims Reynolds hasn't made a payment on the property since September 2010.
 
It documents that the actor owes $1,193, 808.72 in principal on the mortage and a further $24,036.23 in interest, taking the grand total to $1,217,894.95.
 
He also took out a second loan for $750,000 on the home, which is valued at $2.4 million.
 
The 72-year-old and his ex-wife, Loni Anderson, initially took out a $1.5 million mortgage on the home in 1994, with the understanding that the loan would be paid off by 2019.