Tori Spelling Loses Major Lawsuit: Is She Now Officially Broke?

by at .

It's still January, but it's already been a rough year for Tori Spelling.

Of course, that's been true for Tori just about every year for the past decade or so.

Spelling and McDermott

As you may have heard, Tori is broke these days.

And we're not talking "had to fire her live-in acupuncturist" broke.

No, this is regular old, coupon-clipping, mayonnaise sandwich, pyramid-scheming your Facebook friends broke.

Dean McDermott with Wife

(The situation is actually so bad that Spelling and husband Dean McDermott started a pyramid scheme to help pay the bills, but that's a conversation for another time.)

By her own admission, Tori's problem is that she shops compulsively and buys things she doesn't need.

This has led to some major issues between the Spelling-McDermotts and their creditors.

Tori and Dean in Hawaii

Sources say at their worst, Tori and Dean had amassed seven figures in credit card debt.

Fortunately, they're slowly digging themselves out of that hole -- one lawsuit at a time.

Way back in January of 2016, American Express filed a lawsuit against Tori, alleging that the actress had made no effort to pay off her massive balance.

Tori Spelling and Dean McDermott, 12 Year Anniversary

In October, the company added insult to injury by revealing that Tori had racked up a debt of  $87,594.55 in unpaid credit card bills.

Now, according to court documents obtained by Us Weekly, AmEx has filed a writ of execution -- a court order forcing a judgment -- which demands that Spelling pay $88,246.55.

Again, for most people who grew up with Spelling's wealth and connections, the 88 grand would be chump change.

Dean McDermott and Family

But Tori admittedly never learned to manage her substantial wealth, and the mother of five has squandered several fortunes over the years.

“It’s no mystery why I have money problems,” Spelling wrote in her 2013 memoir.

“I grew up rich beyond anyone’s wildest dreams. I never knew anything else.

"Even when I try to embrace a simpler lifestyle, I can’t seem to let go of my expensive tastes," she continued.

Tori Spelling and a Pig

"Even when my tastes aren’t fancy, they’re still costly. I moved houses to simplify my life, but lost almost a million dollars along the way.”

Unfortunately for Tori and Dean, AmEx isn't the only fleeced lender beating down their door.

Spelling and McDermott are also being sued by City National Bank for allegedly failing to pay back a $400,000 loan.

We're guessing these two are furiously shopping around a reality show about a couple of broke former actors.

Show Comments
Tags: , ,

Tori Spelling Biography

Tori Spelling Baby
Tori Spelling is a bad actress that's desperate for attention. She annoys us by how she tries to stay in the news. Spelling is knocked up... More »
Born
Full Name
Tori Spelling

Tori Spelling Quotes

She was a star and a true lady, and she will be missed greatly. People everywhere knew her by name. I loved when fans wanted her over me. I felt proud!

Tori Spelling [on dead dog]

I've always wanted a little girl since I'm such a girly girly. I immediately started crying. I couldn't believe it. I have my beautiful little boy and now I'll have my little girl! It's amazing.

Tori Spelling