That 70’s Show star Danny Masterson is in financial ruin. RadarOnline.com has learned that his company, Bellalily LLC – a Nevada based limited liability company – filed for bankruptcy last month.

DOCUMENTS: Read The Bankruptcy Papers Here

“There is a legitimate dispute here,” the company’s attorney, Darvy M. Cohan told RadarOnline.com exclusively. “As I see it, it is not all my client’s fault and the matter will be litigated.”