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Tom Petty's 'Damn the Torpedoes' Led to His Bankruptcy Filing

27 August 2026
Originally published as: This 1979 Album Made Tom Petty Declare Bankruptcy
Tom Petty's 'Damn the Torpedoes' Led to His Bankruptcy Filing

There is no clear-cut top album by Tom Petty – there are multiple records that could be considered his best work, depending on what you’re into. Petty had a very prolific career – he released music solo, with the Heartbreakers, and with the star-studded supergroup the Traveling Wilburys.

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