Things just keep going downhill for Erika Jayne. It’s a good thing the Real Housewives of Beverly Hills star is back for another season. Because she is likely in a whole lot of financial trouble, thanks to estranged husband Tom Girardi. Due to Tom’s alleged misdeeds, Erika has been dragged into multiple lawsuits from his former clients who just want the settlement money that is rightfully theirs. The money that Tom and Erika are accused of using to keep up their lavish lifestyle featured on RHOBH.
Not only was Erika’s “company” EJ Global suspended amid Tom’s bankruptcy proceedings, but she was also named in court documents for a $1.2 million lawsuit. The filing claims that Erika “aided and abetted” Tom and his law firm’s alleged swindling. Erika defended herself through a statement by her attorney, Evan Borges. He stated, “The complaint is another misguided effort to blame Erika for the conduct of others in which she had no part.” Evan added, “Piling on Erika may generate publicity, but it’s without any basis in law or fact.”
Regardless, Radar Online recently obtained court documents filed by the trustee of Tom’s law firm’s bankruptcy case. The documents feature an updated report of the financial claims against Tom and his firm. The numbers come after months of investigations into the financials. And those numbers are staggering to say the least. The latest report totals a whopping $517 million in claims against the firm.
$363 million is in unsecured claims, $17 million in priority claims, $137 million in secured claims and finally, $250K in administrative claims. Whew. In August of 2021, preliminary filings reported that Tom’s firm only owed about $101 million in liabilities, with $4 million was listed in real property.
RELATED: Tom Girardi Life Insurance Policies Seized Amid Bankruptcy Case
The numbers are especially shocking since it’s been revealed that Tom is out of money. The Pasadena mansion he shared with Erika has been on the market for months. Even with the list price being reduced to $8 million after initially hitting the market for $13 million.
None of this bodes well for Erika, who is currently being sued by the bankruptcy trustee for $25 million. They claim the money came from the firm and was used to pay bills for EJ Global. Tom’s former clients are also coming after Erika too after a judge gave them the green light to try and collect their funds from her. As if that wasn’t enough litigation for ya, Erika is also being told to cough up a pair of $1.4 million earrings that Tom allegedly bought her with money from a client trust account.
So what does it all mean? It means that $500+ million dollars needs to be paid out before Erika will receive a penny. So yeah, for her sake, she better bring the drama on RHOBH. Because at this point, she can’t afford to lose the most important diamond of them all.
RELATED: Lawyer Claims Unaired Footage “Proves” Erika Jayne Knew About Tom Girardi Alleged Ponzi Scheme
TELL US – WHAT DO YOU THINK OF THE NEW TOTALS THAT TOM OWES? DO YOU THINK ERIKA WILL END UP PAYING ANY OF IT BACK? WILL SHE EVER GIVE UP THOSE EARRINGS?
[Photo Credit: Bravo]
