Entertainment: Tori Spelling and Dean McDermott Served for $220,000 Bank Debt - PressFrom - Canada

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

16:00  28 february  2019
16:00  28 february  2019 Source:   usmagazine.com

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Tori Spelling and Dean McDermott ‘s financial woes have went downhill. Court documents suggest that the two have been told to pay off a default 5 years ago City National Bank made the couple a loan of 0, 000 . The documents suggest that Tori and Dean had to repay the bank the whole sun

Tori Spelling and husband Dean McDermott were already struggling with their mounting financial crisis, and this week a judge ruled they have to pay off another $ 220 , 000 debt . DailyMail.com has learned the 90210 actress was hit with a $ 220 , 000 default judgment in the legal battle with City

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

Tori Spelling’s Family Album

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.

Stars at 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.

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Tori Spelling and husband Dean McDermott were sued for nearly 0, 000 after failing to pay back a 0, 000 bank loan, according to a lawsuit filed Monday, December 19 — read more. Tori Spelling and Dean McDermott Sued for Nearly 0, 000 After Failing to Pay Back 0, 000 Bank Loan.

Tori Spelling & Dean McDermott City National Sues City National just sued the couple, claiming they took out a 0k loan in 2012, only to default. The bank says they currently have an open tab of around 8K.

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 2016 after she did not pay her bill for months.

Celebrity Mugshots

Fox announced on Wednesday that Spelling, Jennie Garth, Jason Priestley, Ian Ziering, Brian Austin Green and Gabrielle Carteris are set to star in a six-episode 90210 “event series,” which will air this summer. The six original cast members “will play heightened versions of themselves,” thus shooting down the concept of a revival.

The Masked Singer star shares five children with McDermott: Liam, 11, Stella, 10, Hattie, 7, Finn, 6, and Beau, 23 months.

Spelling slammed reports that her marriage is in trouble earlier this month. “It sucks. This doesn’t exist … and it’s like, they have no idea,” she told Us. “We don’t have relationship problems.”

McDermott called the rumors “awful,” adding: “It’s just a free for all. … Celebrities have feelings.”

High global debt top concern: Bank of Canada.
OTTAWA - The Bank of Canada's senior deputy governor says an explosion of global debt over the last decade is a top concern that she argues is holding back economic growth and creating vulnerabilities in the world's financial system. The global financial system is in better shape than it was in 2007 before the financial crisis, but unknowns such as ongoing U.S.-China trade tensions could knock things off course, Carolyn Wilkins said in a speech Thursday in Vancouver. Wilkins also warned that high debt loads usually become an "amplifying factor" when it comes to an economic downturn. The U.S.

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