Source: http://www.crazydaysandnights.net

This really bad actress not named Cara Delevingne received nearly $1M from a family member right around the first of the year.

They already burned through it all and back to where they were.

I’m not even sure they paid off any of the massive bills they owed.

Tori Spelling
Mom: Candy Spelling

Dean McDermott

Tori Spelling’s Financial Troubles Continue (Aug 2019)

Last week, Tori Spelling was irate when Rosanna Scotto peppered her with questions about her finances on Good Morning New York. Spelling’s husband, Dean McDermott, spoke out about the line of questioning, too. He alleged it was “unclassy.” Perhaps, they were so mad because the entire topic is a little raw. While the couple has long asserted that stories about their financial follies were works of fiction, it looks like there is a lot of truth behind the claims. In fact, American Express just pressed the sheriff’s department to enforce a previous judgment against the famous couple.

Tori Spelling might not want to talk about her finances, but as a high-profile celebrity with financial woes, the truth always manages to come out. According to Radar Online, court documents were filed in the Superior Court of Los Angeles on August 16. The Writ of Execution basically asks the proper legal channels to enforce a monetary judgment. Spelling was ordered to pay American Express $87,000 back in 2016.

The order came just days after Spelling’s earning for BH90210 were revealed. She’s being paid $85,000 per episode for her involvement. She and McDermott are also on the hook for a bank loan they have failed to pay back. They still owe the bank more than $200,000.

Why are Tori and Dean having so many financial problems?

Spelling has long admitted that she doesn’t know much about money. In her book, Spelling it Like it Is, she noted that her family never discussed money and that she didn’t know how to function in a world where an endless supply of cash didn’t exist. The real financial woes began when she married McDermott, though. Several poor real estate decisions appear to have been the catalyst for their economic downfall.

Spelling and McDermott dropped $2.9 million on a mansion in Encino. In 2011 they sold the property at a loss. According to Nicki Swift, they then purchased a smaller home, but Spelling’s wanderlust forced them out. They again took a loss on the property. The family later moved on to renting homes, but they still lived far beyond their means. Their rents ranged from $16,000 per month to $7,000 per month.

While spelling has her own financial drama to deal with, it looks like she’s been cleaning up McDermott’s mess, too. According to Us Weekly, the mother of five has been covering the rent on her stepson’s college pad. In 2018, Mary Jo Eustace opened up to Us Weekly. She claimed that McDermott’s checks were bouncing and that she was planning to take him back to court when Spelling stepped in to honor McDermott’s missed payments.

McDermott was married to Eustace when he met Spelling. He married Spelling just three months after his divorce to Eustace was finalized. She chronicled the experience in several books. – Source


Read more on these Tags: , ,