In December 1925, Ray was forced to file for bankruptcy after being sued by more than a dozen creditors for monies owed and back taxes. His production company also declared bankruptcy. Actress Jane Novak later recalled that Ray's wife Clara Grant (whom he married in November 1915) contributed to Ray's egomania and spendthrift ways. The couple lived in a lavish Beverly Hills home equipped with gold doorknobs, several lacquered pianos, black marble bathtubs with gold fixtures and a full sized trees made of semi-precious stones that sat in their bathroom. They employed a full staff of servants and owned a fleet of luxury cars. Grant bought expensive dresses that she refused to wear more than once and traveled in a Rolls Royce with an ermine floor rug. The day before Ray was to file for bankruptcy, the couple held a dinner party with a personal butler for each of their guests at their home that reportedly cost $30,000. Film executive Pat Powers attended the party and asked Ray, "... how can you do this if you're going bankrupt tomorrow? Who will pay the bills? And he said, 'we thought it was the thing to do.'"