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Andrew Dice Clay has one word for the institution of marriage: Fuggetaboutit.
According to papers filed in Los Angeles Superior Court, the Brooklyn-born comic-actor, whose legal name is Andrew Silverstein, and his third wife, Valerie Silverstein, separated March 18, just over four years after they got married.
The Blue Jasmine co-star filed papers stating neither he nor his wife have separate assets worth over $40,000.
In a statement to PEOPLE, Clay, 56, says the divorce is not only amicable – he and Valerie celebrated at an upscale West Hollywood restaurant.
