BREAKING NEWS

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KELLY RUTHERFORD'S BANKRUPTCY CASE IS CLOSED WILL PAY PENNIES ON THE DOLLAR

If you are a celebrity and you declare bankruptcy most of the time you will have to pay nothing.  Kelly Rutherford who last worked on 'Gossip Girl' declare bankruptcy in 2013 after fighting her ex husband for custody of their two kids. Kelly had more than 4 million but will only pay pennies on the dollar.  Here is what DailyMail reports.


Actress Kelly Rutherford’s three-year bankruptcy case is finally coming to a close after a trustee filed his final report last Wednesday.Though Rutherford, 48, might find peace in the decision, her ex-husband Daniel Giersch is bound to feel differently; he will only be paid $163,000 of his $1.5 million claim in the case.The actress first filed for Chapter 7 bankruptcy in 2013. She claimed her assets totaled nearly $24,000, but her liabilities came to over $2 million.Rutherford, who played cunning Lily van der Woodsen on the hit TV show Gossip Girl, owed more than $350,000 in back taxes, $25,000 in Amex charges and had a monthly income of just under $1,300.Gossip Girl had aired its final season in late 2012 and the show was her primary source of income.She later had her debts discharged, but the residual payments from shows including Gossip Girl were declared to be her only remaining asset.The majority of her debt came from the $1.5 million spent on lawyer bills during her lengthy divorce and custody battle with German entrepreneur Giersch. The couple were only married for three years and their divorce was finalized in 2009 while Rutherford was pregnant with their second child…The final bankruptcy report states the trustee brought in receipts totaling $200,000 and disbursed $6,000, leaving a balance on hand of $198,000.American Express will receive nothing from its $36,300 claim in the case, and neither will Rutherford’s divorce layers, who lodged their own claim for $200,000. A third family law firm, Meyer, Olson, Lowy & Meyers, which took on Rutherford’s custody battle, will also be paid nothing from its $1.1 million claim.
Must be nice. If you look at her instagram the girl is still living the high life.
KELLY RUTHERFORD'S BANKRUPTCY CASE IS CLOSED WILL PAY PENNIES ON THE DOLLAR KELLY RUTHERFORD'S BANKRUPTCY CASE IS CLOSED WILL PAY PENNIES ON THE DOLLAR Reviewed by Jason Santoro on February 22, 2017 Rating: 5

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