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Showing posts with label Bankruptcy. Show all posts
Showing posts with label Bankruptcy. Show all posts

Kendra Wilkinson's Mother Is Bankrupt

http://www.radaronline.com/sites/radaronline.com/files/imagecache/350width/wenn2441870.jpgReality star Kendra Wilkinson's mother filed for bankruptcy last year, despite her daughter's booming career and marriage to an NFL star, Radar Online has exclusively learned.

Patricia Wilkinson filed for Chapter 7 on May 11, last year, as the National Enquirer was first to report.

In court documents filed in the United States Bankruptcy Court Southern District of California and obtained by Radar Online, the 52-year-old lists her occupation as patient services at an orthopedic surgery center.

Patricia, who made several appearances on the Girls Next Door with Kendra, lists her 21-year-old son, Colin, as a dependent and claims her average monthly income as $3,269.50.

However, Patricia's "current expenditures" are listed at a whopping $3,348 per month -- $78.50 more than what she brings in.

Kendra's mom also showed a rapid decline in her yearly salary from 2008 to 2010.

Her employment income in 2008 was $58,463 whereas it declined by nearly $37,000 in 2010 when she earned a minimal $21,600.

Patricia was granted her bankruptcy on August 16, 2010.

Credit: Radar Online

Heidi & Spencer Pratt: We Are Bankrupt 'Idiots'

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Heidi Montag and Spencer Pratt are apparently dead broke and living at Spencer's parents house.

In the new issue of Life & Style magazine, the worlds most annoying couple admits they blew through $10 million dollars.

After spending $35,000 per month on rent for their Malibu pad, $3 million on Heidi’s "music career," renting studios and paying producers, spending hundreds of thousands on Heidi’s surgeries and aftercare, six cars, healing crystals and private jets the fame hungry couple now owe $2 million in taxes, are considering filing for bankruptcy and are homeless.

“We were immature, worrying too much about the famous part instead of the actual business part,” Spencer tells Life & Style. “In hindsight, we shouldn’t have spent any of our money. We should have been low-key and saved.” Spencer continues, ““We spoke with a bankruptcy attorney and I’ve looked into unemployment checks.”

He added, “We thought The Hills was going to be like 90210 and we’d have another five to 10 years,” Spencer says. “The ratings were consistent. But we never saw Jersey Shore coming. Before, TV audiences were fine with seeing us all argue, but now they want you to punch one another in the face and hook up with three different people. Our cast was a bit boring and snoozeworthy in comparison. No wonder we got canceled.”

Spencer claims they're now living at his parent’s house in their guesthouse—a studio apartment. “My parents are my lifeline.” And for once, his statements aren’t an exaggeration. “Spencer’s parents go to the grocery store for us once a week and that’s all we get.”

Sounds hard to believe that someone can blow through $10 mil, but Heidi's so called music career was definitely a bad move. Spending half a million on crystals wasn't a bright idea, and Heidi's shoe and handbag collection would have sent anyone into bankruptcy.

Sadly no one even cares about these two anymore. After all the surgeries, fake breakup and non stop publicity, we're just over Speidi. And in case you're wondering, they didn't even get the cover for their sad story, they just got a small picture on the side.

Credit: Hollyscoop