More Debt! Todd Chrisley Owes $500K In Tax Liens – Will He Lose Everything?
Aug. 22 2016, Updated 10:24 a.m. ET
Todd Chrisley doesn't know best when it comes to his finances! RadarOnline.com has obtained exclusive court documents that reveal the Chrisley Knows Best star has been hit with two tax liens.
The federal tax liens, which were filed by the IRS in Fulton County on July 21st, include a series of unpaid taxes. Chrisley owed $507,315.97 in 2009, $1,654.26 in 2010, $52,227.57 in 2011 and $29,094.99 in 2012 for a total of $590,292.79.
According to the Federal Government, they will begin to seize his assets and property if he doesn't pay off the debts soon.
"We have made a demand for payment of this liability, but it remains unpaid," the lien read. "Therefore, there is a lien in favor of the United States on all property and rights to property belonging to this taxpayer for the amount of these taxes, and additional penalties, interest, and costs that may accrue."
The new debt comes after the reality star filed for Chapter 7 bankruptcy in 2012, owing $49,449,801.97 to creditors.
While Chrisley's average monthly combined income with his wife Julie was $75,420.47, his average monthly expenses were a whopping $78,733.96!
The case was discharged in March 2015.
During the bankruptcy, Chrisley was accused of committing fraud when he allegedly attempted to divert funds from creditors. The parties eventually settled the possible fraud.
Are you surprised by the liens? Tell us in the comments.
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