EXCLUSIVE DOCUMENTS: Bachelor Producer's Divorce, She Got The Cash, He Got The Cat
Jan. 14 2010, Published 8:40 a.m. ET
Ryan Callahan, the producer at the center of the Bachelor scandal has lost a lot in the past year – his job, his wife and her sizable fortune and his home, but good news is that he’s managed to hang onto his “winter hat with earflaps”!
RadarOnline.com has exclusively uncovered the pre-nup agreement between Callahan and his ex-wife Stephanie Thorpe and the papers reveal that while at the time of marriage in April 2006 Thorpe had many properties and was the owner and co-owner of several substantial companies in her homeland of Canada, Callahan for all intent purposes was pretty much broke!
EXCLUSIVE DOCUMENTS: See The Bachelor Scandal Producer Pre-Nup
Stephanie Thorpe's income according to the pre-nup is "substantial each year, and is derived from a number of sources including from her employment. As a result, the total amount of income that she receives each year varies.” As for Callahan, “ Ryan is currently involved in production of television shows, his income varies each year."
It goes on to state that Stephanie owns three properties in Canada outright with the joint value of US$865,000 as well as part ownership of three other properties in Canada totaling a stake of US$ 1.15million.
The papers say that in the US Stephanie owns two properties totaling US$530,000, including the property that she and Ryan plan to cohabitate in after marriage.
It says that in addition Stephanie owns three companies outright in Canada with a value of US$154,000 as well as third ownership in two other companies. Investment wise, Stephanie has $396,600 and $300,000 in life insurance.
Phew - that’s quite a chunk of change!
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Ryan’s part isn’t quite so impressive though! Callahan lists his assets as being $4,500 and his debts as being $7,700. Then he goes on to list a bizarre set of personal assets, including: a black cat called Coffy, a winter hat with Earflaps, 300 periodicals, all wrestling newsletters, 12 movie posters, a set of chinese stress balls and an Eddie Bauer backpack.
Seems that Callahan was quite the catch!
Thankfully, for Stephanie, the two parties agreed in the pre-nup to keep all their assets that they owned going into the marriage separate, all 3rd party gifts received during marriage separate and most importantly, neither would seek spousal support in the event of the marriage ending.
Also, the agreement states, "further, Ryan agrees that in the event the parties decide to separate from one another, while they are residing at Stephanie's separate property residence, Ryan shall forthwith vacate Stephanie's separate property, and upon her request, deliver all keys to such residence to Stephanie and remove from such residence and and all separate property items remaining therein owned by Ryan."
Stephanie must be breathing a deep sigh of relief at that!