Lindsay Lohan’s mother Dina Lohan reportedly has filed for bankruptcy with debts amounting over $1,500,000.00.
Dina Lohan is believed to be $1,578,049.00 in debt, with $1.55 million owned to PennyMac Loan Services. Read on to get all the tea on Dina Lohan Files Bankruptcy…
CelebNMusic247.com has learned via TMZ.com the 56-year-old reality star also owes taxes in California amounting to $4,651 and $9,000 in New York.
TMZ reports:
Dina Lohan is on hard times and is about to lose everything.
On Tuesday (25.09.18), the ‘Living Lohan’ star’s property in Long Island was due to be auctioned in a bid to save her from losing the house where Lindsay and her siblings – Ali, 24, Cody, 22, and Michael, 30 – grew up.
In April, Dina’s faced losing her New York residence after she received a default on her montage and failed to respond.
A judge ruled that the property would need to be auctioned off within 90 days.
The investment company JPMorgan Chase sued Dina in 2013 for foreclosure, but the case was put on hold until now.
Lindsay, 32, even stepped in at one point, giving her mother $40,000 to try and keep the house in the family’s possession.
Earlier this month, Lindsay – who runs her own Lohan Beach House resorts in Greece – captioned a video of Dina on Instagram:
I love you so much. You are my best friend and i am so lucky to be graced with your presence and your heart every second of every day. Thank you for giving me life. I know we have had rough times. So let me help you make it easy.. @dinalohan @mtv @mtvlohanbeachhouse @dakotalohan @mikelohan @alianalohan #family that is real, is honest, it’s the purity, the simplicity that we forget when we have it all. Love the ones that gave you life, FOR THE RIGHT REASONS. I love you so so so so much!!!! #velocityblack see you @dakotalohan in #pfw (sic).
