Chrisley DOESN'T Know Best! Yet ANOTHER Bankruptcy Scandal Engulfs Cash-Strapped TV Family
Court papers reveal Todd isn't the only one who has racked up debt!
Aug. 24 2016, Published 10:08 a.m. ET
Todd Chrisley isn't the only money-troubled family member! After the Chrisley Knows Best star was slapped with tax liens totaling over $500K in July, RadarOnline.com can now exclusively reveal his estranged son Kyle's mother-in-law had a financial scandal of her own.
Olivene Malcolm, the mother of Kyle's wife Alexus Whibley, filed for Chapter 7 bankruptcy in October 2009. With her assets listed as $178,900.00 at the time, Malcolm owed creditors $311,065.65.
According to the filing, Malcolm owed $249,000 in mortgage payments, $1,843.06 in property taxes and $6,455.15 in Homeowners Association Fees. Her debt also included $1,041.51 for a 1995 Lexus ES300.
READ THE BOMBSHELL BANKRUPTCY!
Malcolm racked up $2,948.68 in credit card payments and $42,922.07 in US Department of Education loans.
Despite having an average monthly income of $1,987, the mother-of-one's average monthly expenses were $1,987.
The case was discharged in February 2010.
News of the scandal comes after RadarOnline.com reported Todd was hit with tax liens totaling $507,315.97. According to the Federal Government, his assets and property will be seized if he does not pay off the debt soon.
He also filed for Chapter 7 bankruptcy in 2012, owing $49,449,801.97 to creditors.
Todd is currently estranged from his eldest son, who has battled drug addiction in the past, despite having full custody of his daughter Chloe with ex-girlfriend Angela Johnson.
Are you shocked by all of the financial scandals? Tell us in the comments!
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