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Lindsay Lohan

Bailed Mama

Out of Foreclosure

10/11/2012 7:00 AM PDT BY TMZ STAFF
EXCLUSIVE

1010_dina_lindsay_tmz
Lindsay Lohan
was telling the truth when she said her mom was on the verge of losing her house ...and Dina Lohan is not out of the woods yet ... TMZ has learned.

According to court docs obtained by TMZ ... JPMorgan Chase Bank filed documents in 2010 to foreclose on Dina's Long Island home because she had fallen behind on payments.

Now here's where it gets interesting ...The bank and Dina cut some sort of deal in which mama Lohan agreed to a new payment agreement that would prevent her home from going on the auction block.

Sources close to Lindsay tell us ... Dina didn't ante up on her own -- she got money from Lindsay to make the payments. 

We're told Lindsay made payments that helped Dina dig out of the hole, but recently she fell behind again and Lindsay had to give her MORE bailout money -- $40,000.  And that's the 40 grand that Lindsay and her mom were arguing over when things erupted in the limo early Wednesday.

One final thing.  We're told Dina withdrew lots of other money from the Bank of Lindsay, including money to help pay for her kid brother's tuition.

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308 COMMENTS

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1.

Jordan    

Lindsay gave the money to her mother and it was not a loan.

681 days ago
2.

Bitch please    

Get a job Dinga. Stop mooching off your kids. Linshoes career will be over soon. Then what momma mooch.

681 days ago
3.

Jordan    

Now that Lindsay bailed out her mother who will bail out Lindsay. The IRS will come for their money and so will all the creditors she has stiffed, Time to go cry to daddy.

681 days ago
4.

cherry    

I though Hohan was broke?

681 days ago
5.

Bitch please    

Get a job drunkie moocher. Lindsho will have to ho herself once her so called career is done with to support her a§§.

681 days ago
6.

jackmama311    

good for lindsay and boo to the coke vacuum that is dina. guess dr. phil was right, eh dina???

681 days ago
7.

GLaDOS    

I'm betting a good chunk of that money was to pay off her cocaine dealer.

681 days ago
8.

Jordan    

Did the Bank of Lindsay recieve TARP Money from the federal goverment and has the Bank of Lindsay started to repay that money to the Goverment?

681 days ago
9.

Sally    

If Dina would get a job like the rest of us, she might be able to pay her own bills. Otherwise, downsize and move into a smaller home that she can affords. What a loser!

681 days ago
10.

What You Really Want To See    

Dina says she and Lindsay were not ready. 'Um, can we start again?... do a retake on the whole call?.... hello, Dr Phil? Anybody?

681 days ago
11.

Nobrows    

This family is awful. Maybe if mom would stop doing drugs she could think straight long enough to pay her own bills. Same for her loser brother and father.

681 days ago
12.

Marie    

This girl doesn't stand a chance. Her mother is a crazy person/mooch and her father is an alcoholic criminal with a horrible temper. No wonder she's messed up.

681 days ago
13.

Hammer    

Get to work Lindsay! Momma needs cash for the house and blow!

681 days ago
14.

Dan Frederiksen    

Given how sticky divorce law is in USA doesn't that mean she gets plenty from Michael Lohan as well?

Cocaine is a helluva drug

681 days ago
15.

Jody    

Well, all the people who thought Lindsay was broke were wrong.

681 days ago
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