Blossom star Joey Lawrence and his wife Chandie file for bankruptcy
The 'Blossom' alum and his wife reportedly sold their clothes and accessories on eBay in an attempt to pay off huge bills before filing for bankruptcy in July.
Actor Joey Lawrence, who has professionally worked since he was six years old, fell into so much debt that he and his wife sold the clothes off their backs in an effort to make ends meet. And now, according to recent reports, the couple is filing for bankruptcy.
The 'Blossom' alum reportedly sold his clothes and accessories on eBay in an attempt to pay off huge bills before filing for bankruptcy in July, according to court documents acquired by The Blast.
The pair, who got married to each other in 2005, sold items of clothing, accessories, and furniture before they filed for bankruptcy. The court documents claim that the duo made $4,325 by selling their clothing to Buffalo Exchange and $436 by selling purses and wallets on eBay.
Lawrence and Yawn-Nelson owe $88,000 in back taxes, $132,000 in credit card bills, $32,000 on an unpaid loan, $100,000 for their cars and $54,000 in unpaid rent, according to the case documents obtained by the publication.
The 41-year-old actor, whose show “Melissa and Joey” ended in 2015 after running for four seasons, reported $534,000 in income that year, which dropped to $58,000 in 2016. The stark drop in salary, combined with a reported $25,505.35 in monthly expenses, left the couple and their two children stranded in the red.
The couple's assets in terms of personal property were listed at a value of $43,907.32. There were also three cars: a 2014 Bentley, a 2016 BMW i8, and a 2105 Ford Flex, that were listed as being repossessed.
The duo's personal assets include $4,200 in household goods and furnishings; $650 in holiday decorations, family artifacts along with a hope chest. Moreover, they have $1,485 in electronics which includes four televisions, three DVD players, two iPads, a stereo system and an old computer. Apart from that, the couple also has $350 in exercise equipment and bicycles, paired with $3,500 in clothes, shoes, and handbags. Other than that, they also have listed a $2,500 for a men’s 1981 Rolex Datejust watch, a woman’s watch, wedding ring bands and other jewelry.
The Blast’s documents reveal their bankruptcy is still pending, but that their debt has been discharged.
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