Chapter 13 BankruptcyEx-Baywatch actress seeks bankruptcy protection

February 5, 2014

Nicole Eggert, who is well-known for her Baywatch role, recently filed for Chapter 13 bankruptcy to protect her property.

According to reports, the 42-year-old actress will have an opportunity to continue paying her mortgage to prevent her house from being liquidated. Under the plan, Eggert will pay $1,071.43 monthly for the first year to the bank, in addition to $800 monthly to creditors. After that, the next two years she will be required to pay $1320 monthly to the bank.

Nicole listed $1,070,400 worth of assets while her liability listed was $807,115. She also stated in the filing that she has monthly expenses of more than $20,000.

This bankruptcy filing is her third attempt in less than a year, with the two previous claims being rejected.

The legal team at [firm-name], helps people in Birmingham who are currently facing financial troubles explore their options for getting back on a strong financial footing. Discuss your financial situation and what the best option for alleviating your debt may be by calling [phone-number].

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