Collins, 67, has allegedly admitted to molesting three underage girls in an audio tape that emerged earlier this month, reported TMZ.
The audio tape was apparently taken a therapy session with his wife Faye Grant in 2012. Collins is currently in the process of filing for divorce from Grant.
His lawyer Mark Vincent Kaplan says in the legal document, "Faye's decision to parade that recording... Has resulted in Stephen having no income other than investment income and pension income."
"Stephen suffers greatly from the pillaring (sic) by the media surrounding Faye's unlawful recording," he added.
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