Baby Beau's 1st family photo shoot! Thx @people Mag for Baby Beau's cover piece & great article on newsstands this week! And, @elizabethmessina for the beautiful photos! Goto my profile to click on link to online article and pics! Stylist- @sethchernoff Makeup- @nikimetzmakeup Hair- @theonly_davidrobert Dress- @johnnywasclothing @janeylopatypr #BabyBeau
The couple are said to owe tens of thousands of dollars to a series of creditors and now the U.S. government is taking matters into their own hands to recover the funds.
It is not known how much the couple owe in unpaid taxes. However it emerged last year that they had been issued with a lien for $707,487.30 in unpaid federal taxes for their 2014 bill alone.
Former 90210 star Spelling is also known to owe over $87,000 in unpaid credit card debt to American Express. City National Bank is also claiming the couple defaulted on half of a 2012 $400,000 loan and wants reimbursement for Spelling's $17,000 overdraft.
On top of all of that, McDermott's ex-wife, Mary Jo Eustace, is chasing McDermott for more than $100,000 in back child support for their son, Jack.
The father only narrowly avoided jail last month, after paying her an installment of $2,500, while telling the court he had “fallen on hard times.”
Despite this enormous debt, the couple has not stopped their extravagant spending. McDermott reportedly showed off a brand new $15,000 motorcycle last month. And Spelling seemed oblivious to any financial pressure this week, as she told People magazine she was thinking of having another baby.
“All my kids have their little pair, so I would be open to one more,” said the 43-year-old.
Spelling, 43, and McDermott have five children — Liam, 10, Stella, 8, Hattie, 5, Finn, 4, and now baby son Beau.
[H/T Instagram / @torispelling]0comments
This article was originally published by our partners at comicbook.com.