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Jon and Kate -- Overextended

10/5/2009 4:08 PM PDT BY TMZ STAFF

We're told Jon & Kate Gosselin aren't living hand to mouth, but the $200,000 account that Jon raided was the only real source of living income.

Kate Gosselin, Jon Gosselin

There's a report out that the couple is saddled with a $720,000 mortgage on their $1.12 million house. There was talk that TLC bought the house for them outright but we've learned that is not true. TLC paid them a salary and that's it.

We're told Jon and Kate have established a trust fund for their kids and it's well into the 6 figures, but they have significant debt. They still haven't been able to sell their first house and they owe a mortgage on it.

The reality is ..."Jon & Kate Plus 8" is good for the 8 but Jon and Kate are kinda strapped.

232 COMMENTS

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61.

lolokailey    


KATE I HOPE YOU TAKE HEED TO THESE COMMENTS FOR YOUR OWN GOOD AND PEACE OF MIND...GET JON GOSSELIN OFF OF YOUR BANK ACCOUNTS. SPLIT YOUR MONEY NOW BEFORE YOU ARE PUT IN THE POORHOUSE. DOWNSIZE YOUR HOME AND LIVE MODESTLY AND YOU AND YOUR 8 CHILDREN WILL NOT NEED FROM THAT MAN EVER AGAIN!!!

1760 days ago
62.

Noneya    

Enough of these two, TMZ!!! Does anybody really care about this?

1760 days ago
63.

lesah5    

This is getting so horrible. They need to be out of the public and deal with crap in private. I can't stand either one of them.
But you know when a caged dog gets lose they act crazy. That is what Jon is doing. Kate f'd him up, now he is a total douche.

1760 days ago
64.

Big Momma    

i don't care what their actual monetary situation is right now -- they have plenty. i hope they do not have sponsors giving them more free stuff -- there are so many people that DON'T live in a million dollar home, don't have anything and they could use the appliances/clothing/car/etc. Jon's actions speak for themself - Kate needs to lay off the "FOR MY CHILDREN" speak. Her "performance" on the actual show speaks to what a nag and control freak she is. if tlc had any decency, they would yank this show which would take away jon and kate's media opportunities..and perhaps heal the family a bit. time to BOYCOTT TLC!

1760 days ago
65.

Kat    

I think Jon was a total douche before he married Katie.

1760 days ago
66.

Susan    

Enough about Jon & Kate; Who cares!
Why is there so much coverage on these 2 idiots?

1760 days ago
67.

Ha THE TEACHER was taught a lesson    

a drug addict stealing from his children's piggy banks. Who cares if the children have a roof over their heads, clothes or schooling or food. As long as Dad can be all pimped up in style, living the high life with the whores on his arm and spending your little pennies on his drug habit. After all, it is all about Jon Gosselin, quick the bracelets are in the works...WWJGD. Answer to What Would Jon Gosselin Do...nothing, he does absolutely nothing but contribute to the chaos and contamination of the downfall of his children's wellness and financial stability.

1760 days ago
68.

susan    

Comment #35 Kikki knows what she's talking about. Facts being spoken not emotion.

1760 days ago
69.

Erica    

I used to be sympathetic to Jon and with how Kate treated him on the show. Well now I understand why. Jon is a moron and he needed Kate to keep him from being an idiot. Kate and the kids will be fine. This guy is a hairplug, overweight, "special",unattractive man. Plus he has completely ruined the Ed Hardy shirts for half the nation. Tell him to take them off please!

1760 days ago
70.

whatever    

Jon knows he is done. Really who in the hell is going to hire him? he is a looser and any prospetive employer knows it. This is a desperate act and it is going to bite him in the a@@. Kate may be turning on the waterworks and so be it. Everything that they have worked for in the past few years is going fast. I dont think she is "hiding" money. Dont think that she doesnt have to show a reciept for everything she spends, so when all this so called money she is hiding is withdrawn and she cant produce a reciept the judge isnt going to ask questions. Why hasnt Jons attorney raised that question to the court? Because it doesnt exsist. Jon has sunk himself and she didnt have to do anything but let him. I hope that she and TLC can renegotiate the contract to make it productive for her and the kids. I cant wait to see a judge shoot down Jons attempt to take this source of income from the kids. She was the role of the bad guy, Jon was the role of the good guy on the show.. but in real life when the cameras were off its been the other way around. Kates attorney needs to go after EVERY single dime that this guy has spent on his hoes and take the vehicles back. Jons family needs to speak out against him and HIS treatment of the kids but they arent going to do that will they? The only way Kates going to get any money outta him is when he finally does us all a favor and kills himself, so she can cash his life insurance policy and get social security for the kids cause this dead beat isnt going to pay up one cent towards the kids.

1760 days ago
71.

Not Relevant    

This story makes me smile...HA!

1760 days ago
72.

Ziggy    

Who buys a 1.2 million dollar home without a job? Of course she wants her kids to continue the tv show. They have to pay for her luxurious lifesytlye. As far as one of her bank accounts being raided by ex-hubby Jon, that's between those two and I could care less. She has 10 more bank accounts, plus TLC still pays her, plus book royalties and so forth. She's crying broke to get sympathy and media attention. The day I feel sorry for a spoiled bitch living in a mansion is the day hell freezes over. Jon and Kate need to drop the egos and communicate. They don't even talk to each other but expect the public to choose sides. It's immature and pathetic, but ratings are up and that's all the matters.

1760 days ago
73.

Please    

Um Kate took way more money &the lawyers have the proof! This si all Kate not jon! Kate is crying cause she can't live the lifestyle of th rich & famous no more!
Go Jon Put Kate in her place! Kate has all the bank statments won'tlet jon have any infor she has lifting thousands of bucks! She just got caught who does she blame it on JON!
WRONG SORRY KATE !

1760 days ago
74.

Janet    

Just sit down and talk to your husband Katie. Save the attorney money for the kids.

1760 days ago
75.

marie    

In previous seasons, Jon and Kate were paid $40,000 per episode or about $1.48 million per season (about $ 3 million per year). For this season, they reportedly are being paid $ 75,000/episode or about $2.8 million for 37 episodes ($ 5.6 million per year if they continued into the future...)

So, there must be more $$$ somewhere.

1760 days ago
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