Actor Randy Quaid and his wife, Evi were arrested in Santa Barbara, California yesterday for allegedly squatting in their old house, which they had sold over three years ago. Talk about falling on hard times. Damn.

Details of Cousin Eddie's arrest, from the AP:

A representative of the property owner called Santa Barbara County sheriff's deputies Saturday afternoon to report that squatters had been staying in the guest house illegally. When deputies arrived at the house that evening, they found Randy and Evi Quaid, who said they had owned the property since the 1990s.

The property owner's representative provided documents that showed his client had bought the home in 2007 from a man who had purchased it from the Quaids several years earlier. A contractor showed police more than $5,000 in damages to the guest house that he believed was caused by the Quaids.

Bummer. The couple's bail was set at $50,000 each. They were arrested on charges of felony residential burglary and unlawful entry into a non-commercial building. Evi was also charged with resisting arrest. The Quaids were also busted using bad credit cards last year at a ranch in Montecito and a resort in Santa Barbara.

Will someone please get this man some work? Here's Quaid in happier times:

[Image via AP]