Chris Watts was in serious financial strain years before he allegedly confessed to murdering his pregnant wife Shanann and their two young daughters. RadarOnline.com can reveal exclusive details on the Watts family’s bombshell bankruptcy filing.
Chris, 33, and Shanann, 34, filed for chapter 7 bankruptcy in June 2015, owing $448,820.11 to creditors.
The couple owed $378,348 for their Frederick, Colorado home.
They racked up $53,028.15 in credit card bills, including Macys, Toys R Us, Nordstrom and Sears accounts. They also owed $11,245 in student loans.
Chris, 33, and Shanann’s monthly income is $4,909.03 despite spending $4,897.66 a month.
In the documents, they explained how they expect a decrease because Shanann, 34, is “expecting another child and will work fewer hours.” They are referring to their second daughter.
The debt was discharged on September 14, 2015.
Watts was arrested on Wednesday, August 15 after he allegedly confessed to killing his pregnant wife and their two daughters Bella, 4, and Celeste, 3.
Shanann's body was found on Anadarko Petroleum Corporation’s property. The bodies of two young girls were found on Thursday. Police have “strong reason to believe” the bodies are of Bella and Celeste.
He is expected to be charged with three first-degree murder charges and three tampering with evidence charges.
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