1 CommentTV host Ed McMahon has even more money woes, following news his house is in foreclosure.
According to a foreclosure filing obtained by CelebTV.com, McMahon owed $643,596.87 as of Feb. 28, 2008 on his Beverly Hills home. The papers say that figure will increase until the “account becomes current.”
Now, CelebTV.com is the first to obtain additional court documents, which state that American Express Travel has won a debt judgment against McMahon. On April 16, the court asked the former Star Search host for $747,669.78.
That’s not all. A company called HIX, Inc. won a separate judgment on February 20, 2008, requesting McMahon immediately pay $51,000 to the company.
With these judgments, McMahon’s creditors can begin to accrue interest allowed by the court, and can use the judgments to pursue his assets.
McMahon broke his neck in March 2007. He has reportedly been unable to work since his accident.
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