Bill Cosby Reportedly Facing 'Financial Turmoil' Amid Ongoing Civil Lawsuits
(Photo by Mark Makela/Getty Images)

Bill Cosby Reportedly Facing ‘Financial Turmoil’ Amid Ongoing Civil Lawsuits

Bill Cosby and his wife Camille are reportedly facing severe financial troubles due to the comedian’s ongoing lawsuits.

According to RadarOnline, the couple has had to resort to measures like “liquidating” assets, obtaining “second mortgages,” and “selling off artwork” to address their dire money situation.

Sources say that the couple’s legal troubles have reportedly caused “major issues,” leaving them in a “bad situation financially.”

“It’s never going to end,” the insider said to RadarOnline.” They are in financial turmoil right now.”

The source added that Camille is unwilling to make lifestyle changes to alleviate their situation.

Cosby reportedly owes nearly $650k for the 2019 and 2020 tax years, one for $88,566.88 and the other for $559,573.77.

Additionally, he was ordered to pay $500k in damages to Judy Huth last year for an assault dating back to 1975.

 

 

 

About Iesha

Hi All, my name is I’esha and I’ve been a writer for baller alert for 1 year and 2 months. I’m also a student and entrepreneur .

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