SEND US A TIP!CLICK OR 844.412.5278

'RHOBH' Star Dorit Kemsley’s Husband's Financial Troubles Worsen, Assets to Be Seized Over $1.2 Million Unpaid Loan

By TheBlast Staff

"Real Housewives of Beverly Hills" star Dorit Kemsley's husband might not be seeing his future Bravo paychecks after a man he owes $1.2 million to made a move to seize his income and assets.

According to court documents obtained by The Blast, a man named Nicos Kirzis sued Paul "PK" Kemsley in New York court back in 2016. Kirzis explained he loaned Kemsley a total of $1.2 million back in 2011. At the time, he claimed Kemsley had not repaid a dime from the loans, despite having agreed to a 2013 deadline.

Kemsley tried to argue his 2013 bankruptcy in the U.K. wiped the debt clean but Kirzis said he was never listed as a creditor in the case. Kemsley tried to fight the case in court, citing his bankruptcy discharge.

Kirzis demanded the New York judge grant him a judgment to allow him to go after Kemsley for the $1.2 million he allegedly owed.

In late 2016, the judge sided with Kirzis and ordered a judgment against Kemsley for the $1.2 million owed — plus interest and other costs — for a grand total of $1,235,573.66.

Last month, Kirzis filed documents in California to register the judgment there, which is the first step a creditor takes to begin the process of seizing assets.

Kirzis says that Kemsley finally made a payment of $250,000 on the debt, which basically only covered the interest that grew over the years. The unpaid balance remains at $1,275,221.48.

The court docs warn Kemsley that unless he files to vacate the judgment, his wages, money, and property could be taken without further warning.

The "RHOBH" star is dealing with even bigger money woes than this.

As The Blast first reported, The Bellagio recently accused PK of missing a payment over a $3.6 million casino marker he’s been working to pay off for years.

Back in 2013, the casino with the famous fountains sued Kemsley after he allegedly failed to pay back the multi-million-dollar marker. The reality star had made a few payments of $875,000 but then filed for bankruptcy in the U.K. and was able to get his debt wiped clean.

The casino fought the debt (much like Kirtzis did) because they were never notified and claimed the order from the U.K. wasn’t valid. They ended up receiving a few more payments from PK totaling $575,000 but with growing interest, he still owed over $2 million.

A settlement was hatched between the two parties, which obligated PK to make payments until June 2018. However, the Bellagio claims he stopped paying in May and an outstanding balance remains.

The casino demanded the court order a judgment in the amount of the remaining balance, so they can use it to go after PK and seize any assets to collect on their money.

In September, the Bellagio was granted that judgment and allowed to go forward with “garnishment and execution.”


Mega

Next Article