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Kelly Rutherford

Files for Bankruptcy

Divorce Did Her In

6/23/2013 12:50 PM PDT BY TMZ STAFF
EXCLUSIVE

0622-kelly-rutherford-tmzKelly Rutherford is broke and she's filed for full-blown bankruptcy, and it looks like her mega-fight over child custody was her Achilles' heel.

Rutherford claims in her legal docs -- filed with the court and obtained by TMZ -- assets totaling $23,937 -- dwarfed by debts totaling $2,021,832.

Kelly's current monthly income is $1,279.33 ... way down from her final season on "Gossip Girl" -- $486,000.  The show recently wrapped.

Here's the problem -- she spent nearly $1.5 mil on legal fees for her bitter divorce/custody war with ex-hubby Daniel Giersch.  We've learned she's asking the family law judge to make him pay, but now she's waving the white flag by filing for Chapter 7 bankruptcy.

Kelly's also in the hole for income taxes -- more than $350,000 for 2012.  Add to that another $25,251 for Amex charges.

Kelly has a total of $11,487 in her checking account, around 5 grand in furniture, 5 grand in clothes and $1,500 in jewelry.

According to docs, she's borrowed 10's of thousands of dollars from friends and relatives to dig out of the hole.

The bankruptcy petition was filed last month.


124 COMMENTS

No Avatar
61.

Laughing at celebrities is fun.    

Good, let the women feel the pinch once in awhile, and $5,000 in clothes? What is that 3 outfits in celebrity clothes. Where's she hiding everything?

464 days ago
62.

haha    

$1500 of jewelry???? She wears at least 50K of Van Cleef jewelry EVERY time she's photographed. Give me a break.

464 days ago
63.

wildeyedsouthernboy    

one a few phrases a-count-tant dummy

464 days ago
64.

leon    

The lawyers got rich

464 days ago
65.

Cindy    

She was fighting for custody. Perhaps her ex-husband is not a good parent. And her show ended.
Life can change in a minute.
When my father passed away years ago, he left my mother well-to-do. Then in the last years of my mother's life, she required long term care and that ate up her money.
So I can't judge people knowing life changes on a dime.

464 days ago
66.

spicemonkey259    

Not terribly bright.

464 days ago
67.

Butch    

About time to get a new money manager..

464 days ago
68.

Butch    

About time to get a new money manager..

464 days ago
69.

Anonymous    

She's an idiot, she made enough in 3 months to cover her lawyers fees...these people have no idea how to operate in the real world. Did she ever think of saving or investing all the time she was on that ridiculous show?

464 days ago
70.

alan    

Sad but hey who else makes 400,000 plus a week for year after year no pity from me

464 days ago
71.

St    

e

464 days ago
72.

ali    

When you are a moron, and a greedy moron at that, this is what happens.Boo Hoo

464 days ago
73.

J.E.B.    

I have NO sympathy for big rich celebrities who have evrything in the world, and make an obscene amount of money, and then fritter it away and file for bankruptcy. Boo hoo hoo hoo........

464 days ago
74.

Rick    

Who is this, again?

464 days ago
75.

jen    

The judge felt the children would benefit from having both parents involved in their lives. The father encouraged a relationship between the children and their mother while Kelly tried to alienate the father from the children's lives. She also failed to comply with court orders. This is why the judge felt the father would make the better custodial parent. She is allowed to get the kids 50% of the time, he has to buy 6 plane ticjeys a year for her, house her and provide a car for her when she's in the country. She put her own self in this situation.

464 days ago
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