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Tori Spelling: Already Broke, Being Sued For Another $200,000

These are tough times in the household of Tori Spelling and Dean McDermott. Tori and Dean welcomed their fifth child  last month, but the good news has been largely overshadowed by the couple’s mounting financial difficulties. Insiders say that Spelling and McDermott are completely broke, but have yet to curb their extravagant spending habits. Worse, they’re facing a tidal wave of lawsuits that threaten to wipe out their remaining assets. The media first caught wind of the fact that Tori and Dean’s financial problems are far worse than initially thought when the Spelling-McDermots were sued by American Express  in late 2016. Amazingly, the couple could have kept the matter out of court by paying even a small fraction of their more than $100,000 balance, but they were either unwilling or unable to do so. Last month, we learned that McDermott is being sued for back child support after reportedly falling several months behind in payments to his first wife. Now, Radar Online is reporting that Tori and Dean are facing yet another six-figure lawsuit – and this one could threaten to wipe them out financially. The site reports that the actors are being sued by City National Bank of Los Angeles for a sum of over $200,000. The bank alleges that Tori and Dean took out a $400,000 loan back in 2012 and accrued more than $188,000 in interest and late payment fees, which they are no refusing to pay back. City National is suing for that amount, plus several thousand more in legal fees. Spelling and McDermott appear to be running scared, having already missed one court date without advance notice. Their appearance has been rescheduled for May 22, and if they fail to show again, the matter will simply be decided in their absence. We’re guessing Tori and Dean won’t like the judge’s decision. In addition to the bank and credit card lawsuits, Spelling and McDermott reportedly owe upwards of one million dollars to the IRS. Tori might want to make nice with her mom so she can hit Candy up for a loan ASAP.

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Tori Spelling: Already Broke, Being Sued For Another $200,000

Bethenny Frankel Lands New Reality Show: What Is It About?!?

Bethenny Frankel is sticking around the reality the world of Reality TV.  The 46-year-old has joined forces with Million Dollar Listing New York’s Fredrik Eklund for a new series that will find the pair flipping houses.  Bethenny and Fredrik Property Project is the working title for the series, which will debut later this year. Something tells us that title will be changing because it’s awful.  It certainly sounds like Bravo is trying to capitalize on the success of HGTV’s Flip or Flop , but that show’s popularity exploded when series stars Christina and Tarek El Moussa confirmed their relationship was over.  Bethenny previously departed The Real Housewives of New York City to front Bethenny Ever After, but returned to the former when her show flatlined in the ratings.  There’s no word as of yet on what this means for her participation on RHONY , but there’s every reason to believe she’ll be back. The series took a nosedive in the drama department without her.  Whether she’s telling LuAnn de Lesseps that Tom D’Agostino is cheating on her, or throwing shade at the other housewives, she’s always been a delight to watch on TV.  That’s not to say the current season of the Bravo hit is good. In fact, the drama has been pretty much non-existent, but Tinsley Mortimer looks poised to send the drama into overdrive.  Bravo also confirmed renewals for every currently airing show in The Real Housewives franchise, Vanderpump Rules , Shahs of Sunset , Below Deck, Summer House, Flipping Out, Don’t Be Tardy , Married To Medicine and Million Dollar Listing Los Angeles . Bravo knows that its audience loves trashy reality series, so all of the renewals were no-brainers.  What do you think about Frankel’s new show?  Will you watch? Sound off below! View Slideshow: The 9 Richest Real Housewives in Bravo History

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Bethenny Frankel Lands New Reality Show: What Is It About?!?