Tori Spelling and ex Dean McDermott still owe over $200K to City National Bank amid divorce battle
Tori Spelling and her estranged second husband, Dean McDermott, may be ready to leave their 17-year marriage behind in divorce court, but their financial entanglements are far from over as City National Bank is suing the former couple over an outstanding 12- year A loan of $400,000.
In legal documents filed on May 20, the ‘Bank to the Stars’ issued a second writ of execution seeking to collect a default judgment of $219,796.66 from the 51-year-old Beverly Hills, 90210 alum and $202,066.10 from the 57-year-old actor . -chef – according to We weekly.
A large portion of the amount appears to be interest, as Tori and Dean reportedly owed a balance of $188,803.38 in 2016 before they stopped paying their debts.
Spelling — who had to pay back $88,731.25 to American Express after her bank account was garnished in 2020 — recently discussed financial issues with unpaid storage units on her weekly iHeart Radio podcast misSPELLING.
LA-born Nepo Babies iHeartRadio producer Amy Sugarman stepped in at the last minute and saved “two of the units” from auction.
Tori Spelling and her estranged second husband, Dean McDermott, may be ready to leave their 17-year marriage behind in divorce court, but their financial entanglements are far from over as City National Bank is suing the former couple over an outstanding 12- one-year loan of $400,000 (photo June 10)
In legal documents filed on May 20, the ‘Bank to the Stars’ issued a second writ of execution seeking to collect a default judgment of $219,796.66 from the 51-year-old Beverly Hills, 90210 alum and $202,066.10 from the 57-year-old actor . -chef
“S***, guys. I don’t think this is something I really need… It’s all Dean’s stuff,” Tori admitted in April.
‘I’m so sad right now. I just wanted my memorabilia and my kids’ stuff, and this isn’t anything we need. $971 for fucking sex. Oh my God, talk about getting screwed. Like, what the fuck?’
When Spelling’s famous producer father Aaron Spelling died in 2006 at the age of 83, she only received an inheritance of $800,000 of his $600 million fortune because her mother Candy Spelling (who was the executor of the will) disapproved of her infamous spending habits .
“She would close a store and drop $50,000 to $60,000,” the 78-year-old socialite recalled to the New York Times in 2014.
‘I’ve never done anything like that. She just went crazy.”
The Masked Singer Spain contestant and McDermott slept separately for three years before legally splitting, and he immediately checked into rehab for substance abuse after an explosive fight last June.
Tori filed for divorce from the Toronto resident on March 29 and they have both asked that the other pay spousal support and attorney fees, and she wants primary physical custody of their five minor children (he has filed for joint custody) — according to Page six.
On June 9, Spelling and Dean will celebrate the sweet 16th birthday of their eldest daughter, Stella Doreen McDermott.
A large portion of the amount appears to be interest, as Tori and Dean reportedly owed a balance of $188,803.38 in 2016 before they stopped paying their debts.
Spelling previously had to pay back $88,731.25 to American Express after her bank account was seized in 2020 (photo May 15)
When the LA-born nepo baby’s famed producer father Aaron Spelling passed away in 2006 at the age of 83, she only received an inheritance of $800,000 of his $600 million fortune, because her mother Candy Spelling (R , photo in 2023, who was the executor) disapproved. of her infamous spending habits
Tori and McDermott slept separately for three years before legally splitting, and he immediately checked into rehab for substance abuse after an explosive fight last June (pictured in 2018)
Spelling filed for divorce from the Toronto native on March 29 and they have both asked that the other pay spousal support and attorney fees, and she wants primary physical custody of their five minor children (he has filed for joint custody) (photo June 15 )
On June 9, The Masked Singer Spain contestant and Dean will celebrate the sweet 16th birthday of their eldest daughter, Stella Doreen McDermott (pictured in 2023)
Meanwhile, McDermott’s 25-year-old son Jack McDermott (from his marriage to first wife Mary Jo Eustace) told Us Weekly on April 26 that they are currently estranged and that he does not want a reconciliation for “the foreseeable future” (pictured April 25)
Last October, the Nyctophobia actor started dating Conscious Community Global senior account manager Lily Calo (R, pictured May 15), who at 32 is 25 years his junior.
Tori – who is dating Neuron Syndicate Inc. Advertising CEO Ryan Cramer – “liked” the new couple’s official Instagram post, and Dean praised her in the comments as “a highly cultured and compassionate loving person”
The platinum blonde influencer and McDermott are both willing to share joint legal custody of Stella and their son Liam, 17; daughter Hattie, 12; son Finn, 11; and son Beau, 7.
The former Oxygen reality stars were both notoriously married to other people when they first met on the set of Lifetime’s Mind Over Murder way back in 2005.
Meanwhile, Dean’s 25-year-old son Jack McDermott (from his marriage to first wife Mary Jo Eustace) said We weekly on April 26 that they are currently estranged and that he does not want a reconciliation for “the foreseeable future.”
Last October, McDermott started dating Conscious Community Global senior account manager Lily Calo, who at 32 is 25 years his junior.
Tori – who is dating Neuron Syndicate Inc. Advertising CEO Ryan Cramer – “liked” the new couple Official Instagram postand the Nyctophobia actor praised her in the comments as “a highly cultured and compassionate, loving person.”