![Odd Molly - Front Row - Spring 2011 MBFW NEW YORK, NY - SEPTEMBER 15: Nicole Murphy attends the Odd Molly Spring 2011 fashion show during the Mercedes-Benz Fashion week at The Studio at Lincoln Center on September 15, 2010 in New York City. (Photo by Stephen Lovekin/Getty Images for IMG)](http://view1.picapp.com/pictures.photo/image/9788449/odd-molly-front-row-spring/odd-molly-front-row-spring.jpg?size=416&imageId=9788449)
“Nicole made some bad investments with the fortune she got from Eddie, and now she is in serious financial straits,” said a friend of the 42-year-old stunner.Seriously though, folks need to stop living beyond their means. Nicole may just be up a creek if Michael chooses not to assist her with her debt.
Court records show that the IRS slapped Nicole with two liens for back taxes in November totaling $214,688.
That huge bill was on top of outstanding judgments against her for nearly $600,000 by a legal firm and another $60,000 demand for payment by a landscaping company. She also owes $5 million on her Los Angeles-area home.
“Nicole is overwhelmed by the mountain of debt she has piled up,” added the source. Nicole, who has five children with Eddie, invested in an Internet jewelry business, but the venture quickly failed and Nicole lost most of her money.” – Source
0 comments:
Post a Comment