Real Housewives of Beverly Hills star Erika Jayne‘s husband Thomas Girardi has been ordered to reveal the details of his finances as he still allegedly owes a balance of $6 million to a lending company.
According to a new report, the “It’s Expensive to Be Me” singer’s husband failed to pay his settlement in time to lender Law Finance Group as he only forked up $10 million of the $16 million agreed upon.
In court documents obtained by The Blast, the 80-year-old attorney and his law firm Girardi Keese have been ordered to appear in court regarding an unpaid loan to Law Finance Group on November 4. Due to Thomas’ alleged outstanding balance of $6 million, a judge has ordered him to show all his financial information, including sources of income and assets.
Earlier this year, Law Finance Group sued Thomas and his law firm for not paying them back for a $15 million dollar loan that was intended to fund the firm. When the deal was made, Thomas’ law firm agreed to pay monthly dues along with $1 million by the end of October 2018 and $5 million by January 1. The attorney originally agreed to use his and Erika’s Pasadena mansion as collateral on the loan.
In the lawsuit, the lender claimed no payments were made and that the money they loaned to the firm was actually used to “maintain Mr. Girardi’s lavish lifestyle.”
Upon receiving the lawsuit, Thomas made a public statement disputing the lender’s claims.
“The truth of the matter is this. I have not taken one penny from the law firm in the past three years. I have devoted everything to assist in the cases that we have here. Further, the money that was borrowed, we agreed to repay in approximately two weeks before the lawsuit. It is slanderous that the money was for my ‘lifestyle’ … every penny went for costs in cases that the firm is handling,” stated Thomas.
This court order comes just days after the Beverly Hills Housewife was slammed with her own lawsuit for $3 million. Erika was named a defendant in Arizona lender Stillwell Madison‘s case against Thomas and his law firm. The lender claims they loaned Girardi and Keese $5,110,440.38 with the understanding they’d be paid back with profits made by the firm.
After failing to follow through on the payments, the lender filed a suit claiming Thomas “re-directed all or part of the proceeds, to which Stillwell was contractually entitled, to himself and his wife in order to sustain their lavish lifestyle and maintain their glamorous public image.”
Stillwell Madison is suing Thomas, Erika, and Girardi Keese for the full loan given along with damages and interest.
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