The self-proclaimed “world’s first supermodel” Janice Dickinson has filed for Chapter 7 bankruptcy. According to the Los Angeles Times, Dickinson owes creditors nearly $1 million in debts. Her filing lists creditors including the states of New York and California, and the IRS. Dickinson owes more than $500,000 in unpaid taxes over the last decade.
“I had some trouble, so yes, [the bankruptcy] is true,” Dickinson told Radar Online. “I am upset and taking every step to pay everyone back and I feel terrible about it.”
Dickinson reportedly owes Beverly Hills dermatologist Arnold Klein and Dr. Uzzi Reiss more than $8,000 each. Dickinson has appeared on “I’m a Celebrity Get Me Out of Here, Now!” “Celebrity Rehab With Dr. Drew,” “Britain’s Next Top Model,” “H8R” and “RuPaul’s All-Stars Drag Race.”
An individual who files for bankruptcy may be able to discharge certain tax debts if they meet requirements, which include:
- The tax debt is for income tax and not other forms of taxes like payroll or sales tax
- The IRS or state you live in assessed the tax at least 240 days prior to your bankruptcy filing
- Your tax return for the debt was filed at least two years prior to the bankruptcy filing
- Your tax return for the debt was due at least three years prior to the bankruptcy filing
If your financial situation is a problem, contact our Washington DC and Maryland bankruptcy lawyer to learn more.
Judd’s Judgment: R&B music icon Dionne Warwick filed for Chapter 7 bankruptcy in March, listing debts that included nearly $10 million in back taxes.