Tori Spelling and Dean McDermott Served for $220,000 Bank Debt

SeaMaiden · ‎03-10-2010

Tori Spelling and Dean McDermott have even more financial trouble on their hands.

According to legal documents obtained by Us Weekly, the couple were served earlier this month in regard to their case against City National Bank. The company wants to examine the pair’s finances after they allegedly declined to pay back more than $205,000 in debt.

The papers ordered Spelling, 45, and McDermott, 52, to report to court for the examination so that the bank can decide how to get the money. If the pair do not attend their hearing, they could be arrested for being in contempt of court.

City National Bank filed the lawsuit in December 2016 after the True Tori alums allegedly failed to repay their $400,000 bank loan. McDermott and Spelling received a default judgment that stated they had to hand over $219,796.66 in the case.

Us obtained court documents in January in which the Beverly Hills, 90210 star was ordered to pay American Express $88,000. The credit card company sued her in January

US Magazine

Love my grandkids · ‎11-24-2013

@SeaMaiden Well the chickens of these two brainless fools are coming home to roost.

The only people I feel sorry for are their poor kids.

Annabellethecat66 · ‎03-12-2010

Well, who's the dummy? Perhaps it's the companies who keep giving them credit!

Over and over I keep hearing that Americans are in unbelievable in debt with credit cards.

Again, who's fault is that? The government shuts down and no one has any savings? I don't know if it's true but my friend (myself and all of my friends have worked for the Federal government) says that the government has shut down many times. So, it's not like it won't or can't happen, yet no one has any savings.

I'm sorry, but this entire story is stupid. The numbers are stupid high but a lot of Americans are fanny hole in debt (mostly credit card debt).

Just a sign of the times.

SeaMaiden · ‎03-10-2010

@Love my grandkids wrote:
@SeaMaiden Well the chickens of these two brainless fools are coming home to roost.

The only people I feel sorry for are their poor kids.

@Love my grandkids I bet they have a very bad FICO Score😄

LyndaGee · ‎03-11-2010

Saw her on one of the infotainment shows talking about the "90210" reboot, so she'll have a good income. Hope she and her husband will act responsibly.

colliemom4 · ‎09-08-2010

I've read so many articles about her being irresponsible with money.

Nancy Drew · ‎03-11-2010

Spoiler

Tori is also saying she wants one more child to make it an even 6. What went wrong with her? She had it all. Who have Candy made executor? I bet it is a lawyer or her son Randy.

Wrong is still wrong just because you benefited from it.

MarkeieMark · ‎06-24-2012

Candi will step in as she always does. This is ridiculous. Tori wants attention.

QVCkitty1 · ‎05-23-2015

@Annabellethecat66 wrote:
Well, who's the dummy? Perhaps it's the companies who keep giving them credit!

Over and over I keep hearing that Americans are in unbelievable in debt with credit cards.

Again, who's fault is that? The government shuts down and no one has any savings? I don't know if it's true but my friend (myself and all of my friends have worked for the Federal government) says that the government has shut down many times. So, it's not like it won't or can't happen, yet no one has any savings.

I'm sorry, but this entire story is stupid. The numbers are stupid high but a lot of Americans are fanny hole in debt (mostly credit card debt).

Just a sign of the times.

Other people’s savings or lack there of are none of my business, but the government should never shut down .

" You are entitled to your opinion. But you are not entitled to your own facts."
Daniel Patrick Moynihan

lmt · ‎05-19-2010

I don't understand how these two continue to rack up so much debt over and over and aren't thrown in jail. I guess I should say that I don't understand how they even have credit cards at this point.

I remember reading an article where Tori stated that since she grew up so rich, she has no concept of money. She had everything handed to her. It's too bad her mother or father never taught her the value of money, living within your means and standing on your own two feet.

They don't own a house. I keep reading that they rent and are constantly moving. It was said that her mother was paying for the kids private school, housing and food.

A while back, Dean was this close to being thrown in jail for failure to pay child support to his oldest son from his first marriage.

These two deadbeats need to have all credit cards taken away and never be able to get credit again. Also, a mandatory class in finances, STAT!!