Joey Lawrence’s Bankruptcy Case Is Settled; Some IRS Debt Left Unpaid

April 9, 2018

Joey Lawrence filed for bankruptcy in July 2017, and the case has finally been settled in court. Among other creditors, the IRS will recoup only a portion of back taxes owed.

At the time of the filing, Lawrence and his wife Chandie had three cars possessed and were spending more than $18,000 more than they could afford each month. Debts included $132,000 to various credit card companies, nearly $100,000 in auto loans and more than $50,000 in unpaid rent.

In settling the case, more than $75,000 in debts were paid, though the IRS and several other creditors received less than they were owed.

Image via Flickr/lorenjavier

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