Today's Evil Beet Gossip

Joey Lawrence sells his clothes, files for Bankruptcy

Joey Lawrence and wife Chandie Yawn-Nelson took “the clothes off our backs” literally.

The “Blossom” alum sold his clothes and accessories on eBay in an attempt to pay off enormous bills before filing for bankruptcy in July, according to court documents acquired by The Blast.

Lawrence and Yawn-Nelson owe $88,000 in back taxes, $132,000 in credit card bills, $32,000 on an unpaid loan, $100,000 for their cars and $54,000 in unpaid rent, according to the filings.

The 41-year-old actor, whose show “Melissa and Joey” ended in 2015 after four seasons, reported $534,000 in income that year and just $58,000 in 2016.

That stark drop in salary, combined with a reported $25,505.35 in monthly expenses, left the couple and their two children starkly in the red.

Prior to filing for bankruptcy, things got so rough that the couple sold purses and wallets on eBay for $463 and sold off used men and women’s clothing to Buffalo Exchange for $4,325.10. The couple also sold off furniture at a consignment shop for $1,836.70.

Lawrence also lists three cars — a 2014 Bentley, a 2016 BMW i8, and a 2105 Ford Flex – as being repossessed.

On January 5, the trustee filed docs explaining they sold off Lawrence’s loan-out company, Veritas Inc., at auction to the highest bidder for $56,000. The buyer will be collect all song, TV and movie residuals, royalties and other income owed to Lawrence for all work prior to his bankruptcy.

1 CommentLeave a comment

  • I really like watching Melissa and Joey still upset and surprised it got cancelled? MJH and Joey are good together on tv