The bank filed a lawsuit Monday alleging that the couple failed to fulfill payments on a loan stemming from four years ago after borrowing $400,000 from the bank with a promissory note in December 2012. They were expected to make monthly payments plus interest, and currently owe $185,714 plus $2,407 in interest and $681 in late charges for a total of $188,803. In addition, the bank is requesting that Spelling pay back an additional $17,149 that she allegedly overdrew in September.
This isn't the first bout of financial trouble the couple has run into, as Spelling was sued by American Express in January for failing to pay a $37,981.97 balance. She was also sued by the company again in November for failing to pay $87,594.55 on one of her cards.
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Tori Spelling Receives Another American Express Lawsuit for Over $87,000 of Credit Card Debt
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