The former 'Beverly Hills, 90210' star and her estranged husband are being sued for over $400,000 for a bank loan, which included interest payments, taken out 12 years ago.
- June 1, 2024
AceShowbiz - According to court documents obtained by multiple publications, City National Bank has filed a second writ of execution against Tori Spelling and Dean McDermott to enforce a 2017 judgment for a $400,000 loan taken out in 2012. The bank claims that the couple defaulted on the loan, which included interest payments.
The filing states that Spelling now owes $219,836.66 while McDermott is responsible for the remaining $202,086.10, including fees for the issuer of the writ. This is the third time the bank has attempted to collect the loan.
Spelling and McDermott have faced other financial challenges in the past. In 2016, they were slapped with a tax lien for unpaid state taxes. Spelling later cleared up reports of financial trouble after being sued by American Express for failing to pay her outstanding credit card balance. In a recent episode of her podcast, Spelling revealed that her belongings in storage units were auctioned off due to an "outstanding bill of $80,000."
The couple is also currently going through divorce proceedings. Spelling cited irreconcilable differences as the reason for the split, while McDermott disputes the date of separation and has requested joint physical and legal custody of their five children.
Reps for Spelling and McDermott have not yet responded to requests for comment.
