'Vanderpump Rules' Star Lala Kent’s Fiancé Randall Emmett Revealed $500k Tax Debt In Divorce Battle
Vanderpump Rules star Lala Kent’s fiancé Randall Emmett revealed his dire financial situation in court proceedings as part of his divorce battle with his ex-wife, Ambyr Childers.
According to court documents obtained by RadarOnline.com, the B-list movie producer has been experiencing serious money woes as the film industry has slowed down due to Covid.
Randall told the court, “I only produced one movie in 2020, as opposed to several as in normal years, therefore, my income has been drastically reduced and I am having liquidity issues.”
“The state of film production right now due to Covid protocols is tenuous at best. Productions can be shut down at any time. Further, I am not sure additional projects that I have line up will proceed. My income is far too uncertain during this pandemic.”
At the time, Randall was pleading with a judge to reduce his child support obligations to Ambry. In January, the producer was ordered to open a bank account for his ex with $50k in it. She was allowed to use the money on expenses for their 2 daughters.
Randall was expected to replenish the account every month and maintain a $50k balance. He said his ex was spending like crazy every month and bleeding him dry.
In a declaration filed by Randall, he told the court, “the continued funding of this children’s expenses account will cause me great financial hardship and force me to file for bankruptcy.”
Eventually, Randall reached a settlement with his ex and avoided a messy public trial.
- Lala Kent’s Fiancé Randall Emmett Told Court He Was Close To Bankruptcy This Year In Support Battle With Ex-Wife Ambyr Childers
- ‘Vanderpump Rules’ Star Lala Kent’s Fiancé Randall Emmett Sued For $281k Over Unpaid Rent, Days Before Explosive Breakup
- REVEALED: 'Vanderpump Rules' Star Lala Kent’s Ex Randall Paid His Ex-Wife $75k for Legal Fees in Settlement Months After Restraining Order Drama
However, during the proceedings, Randall also revealed he owes $500k to the IRS and took out loans for his production company that he personally guaranteed.
He told the court he is paying $15k a month after reaching a payment plan with Uncle Sam. Randall also pays $10k a month to American Express due to a legal settlement.
Back in October, American Express sued Randall over an unpaid bill. The company filed a lawsuit in Los Angeles Superior Court.
In court docs, the movie producer was accused of racking up a $393,756.24 bill and then refusing to pay.
A couple of months later, Randall reached a deal with American Express where he pays $360k in monthly installments.
Randall agreed to pay $10k a month starting March 2021 and ending in January 2024.
As RadarOnline.com first reported, Randall was hit with a $281k lawsuit over unpaid rent on October 4. He has yet to respond to the suit.
To make matters worse, Lala reportedly left the home they share and into the Beverly Hills Hotel after cheating rumors surfaced over the weekend.