Pamela Anderson Debt Reaches Around $500,000

Budgeting, Consumer Credit, Debt Management | April 27, 2010 at 1:21 am



California officials recently revealed Baywatch star Pamela Anderson has outstanding income tax amounting to $493,000.

This information was revealed by California Franchisee Tax Board, who also mentioned that five construction companies have filed lien against her house, greatest debt among them being around $674,000, which was used to buy material and labor to modify her home, foundations for her rooms, and building swimming pool.

She has appointed tax attorney Robert T. Leonard to handle the proceedings. He has, however, refused to comment any further on the issue. Though she doesn’t expect her new fragrance, Malibu, to repay all her debts, something would be recovered at least. Pamela Anderson debt is too huge to be recovered just be her fragrance.

pamela anderson debtShe, however, doesn’t like to owe any debt as it embarrasses her. Therefore, she has decided to take full responsibility of it, and is trying to do whatever she can to repay the debt. That’s what she says on twitter. People, however, don’t seem to agree with her as they know she is capable of doing many other things, and she is definitely not trying her best with tax officials.

Her debt seems to be mounting lots, and with speed. I don’t really agree with people when they say she isn’t trying hard. Recently, she settled a gambling debt by offering whatever she had, quite literally. She was playing poker, and by the end of the game she owed 250 thousand dollars to a gentleman, whom she found cute, and made out with her to settle her debts. Quite a hard working lady, I must say.

Making out was an option that night. She cannot, however, make out with almost every creditor and settle her debts. If it was possible, she would have done long ago. There are many other options available for individuals today.

People buried under debt, even greater than Pamela Anderson debt, can seek professional help from debt settlement companies, who negotiate genuinely with creditors on your behalf and reduce the debt amount to about 50% of the total debt amount. And the best part is, you don’t have to make out with any one.

Let us closely follow the Pamela Anderson debt story. However, make sure you don’t trap yourself in such situations. Even if you do, try to get rid of it as soon as possible.

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