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Lisa Marie Presley...$16 Mil in Debt!!!...No Cash for Ex's Lawyers
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Miloch
2018-02-16 21:49:06 UTC
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http://www.tmz.com/2018/02/16/lisa-marie-presley-massive-debt-taxes-16-million-dollars/

This seems impossible, but Elvis Presley's daughter is drowning in debt ... this
according to Lisa Marie Presley herself ... TMZ has learned.

Lisa Marie just filed docs in her divorce from Michael Lockwood, and they
contain the bombshell news ... the King's daughter is more than $16 million in
the red. In the docs she says most of her debt is unpaid taxes from 2012 to
2015, totaling more than $10 million.

She also says she has a house in the U.K. she's desperately trying to unload
because she's defaulted on the mortgage. According to the docs, obtained by TMZ
... that's another $6 mil she owes.

LMP says the rest of her debt is mostly credit cards and unpaid attorneys'
bills.

She's revealing all of this because Lockwood is demanding she pay more than
$450k for his attorney fees, and she's clearly saying ... I ain't got it, dude.

Fun facts:
- Lisa Marie sold off 85% of Elvis Enterprises in 2004 for $100 million
- The Elvis estate still hauls in revenue north of $20 million annually




*
super70s
2018-02-18 02:28:45 UTC
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Post by Miloch
http://www.tmz.com/2018/02/16/lisa-marie-presley-massive-debt-taxes-
16-million-dollars/
This seems impossible, but Elvis Presley's daughter is drowning in debt ...
this according to Lisa Marie Presley herself ... TMZ has learned.
Lisa Marie just filed docs in her divorce from Michael Lockwood, and they
contain the bombshell news ... the King's daughter is more than $16 million
in the red. In the docs she says most of her debt is unpaid taxes from 2012
to 2015, totaling more than $10 million.
She also says she has a house in the U.K. she's desperately trying to unload
because she's defaulted on the mortgage. According to the docs, obtained
by TMZ... that's another $6 mil she owes.
LMP says the rest of her debt is mostly credit cards and unpaid attorneys'
bills.
She's revealing all of this because Lockwood is demanding she pay more
than $450k for his attorney fees, and she's clearly saying ... I ain't got it,
dude.
- Lisa Marie sold off 85% of Elvis Enterprises in 2004 for $100 million
- The Elvis estate still hauls in revenue north of $20 million annually
She blew through that $100 mil pretty quickly didn't she. Also on TMZ
Live they said she gets $100,000 monthly in Elvis bucks but that's
apparently not enough to cover all the mounting bills.

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