TV Star Files for Bankruptcy Twice in One Year

A reality TV star had filed twice for bankruptcy within a period of one year.

The 41-year-old filed again in Georgia after her first filing was dismissed. While her attorney is not speaking publicly about her Chapter 7 bankruptcy case, her filing is available for public viewing. It is easy to see that while she does not spend her money extravagantly as some of her co-stars do, she just does not have very much money coming in right now.

In the filing she listed assets of $1.716 million, mostly in property. As a result, her mortgage comprises most of the $768,642 she listed as liabilities. With a monthly income of $11,700, one might think that she would have no trouble staying afloat. However, her mortgage payments alone are $5,170, while her total monthly expenses are listed at $8,821. It is now up to a Georgia judge to decide whether she qualifies for Chapter 7 bankruptcy or will have to think of another way to get out of debt.

If you are planning to move forward with Chapter 7, now is the right time to contact the Malaise Law Firm to enlist the services of our San Antonio bankruptcy lawyers.