According to reports Dina Lohan’s financial situation is in such horrible condition, the reported $40,000 that Lindsay lent her barely even scrapes the surface. And the figure includes the millions she made off her daughter’s career in the past.
The New York Post - who has dubbed the Lohan matriarch “Deadbeat Dina” – is reporting that the debt has skyrocketed all the way to $1.3 million.
Breaking down that number, the biggest chunk of the debt is a $914,000 tab from her JPMorgan Chase mortgage that she owes on her $1.1 million Long Island house.
The $40K that Lindsay loaned Dina, which resulted in the recent, high profile mother-daughter screaming fit, was a last-ditch effort to keep the home out of foreclosure.
Dina also owes a former business partner over $300,000 that was loaned to get Lindsay’s singing career up and running. (A lot of good that did!)
There’s also a $16,138 bill that she owes her lawyer for previous trips to the court room.
But the list doesn’t end there. Judgments against Dina further drives the price skyward. Other debts that she owes include:
BMW Dealer: $27,100
According to the report, Dina has been struggling to keep up with the $7,685 a month mortgage for some time.
Gee, maybe it’s because she doesn’t have an income…
Even so, her lack of a job never stopped her from sponging off her daughter’s career.
Dina, who was paid as Lindsay’s "manager" from 2000 to 2005 when she made big budget films like Mean Girls and Herbie Fully Loaded, pulled in “between 10 and 15 percent” of the “Liz & Dick” star’s paycheck.
'Cause that’s what moms are for!
You have read this article with the title 'Deadbeat Dina' Lohan Rakes in $1.3 Million in Debt. You can bookmark this page URL http://runequestwilderlands.blogspot.com/2013/03/dina-lohan-rakes-in-13-million-in-debt.html. Thanks!