Lisa Marie Presley Says She's Over $16 Million in Debt, Divorce Documents Claim

Lisa Marie Presley Says She's Over $16 Million in Debt, Divorce Documents Claim
Lisa Marie Presley claims she’s in the red — to the tune of $16.7 million.

In court documents relating to Presley’s ongoing divorce from Michael Lockwood, it was revealed that Elvis’ daughter owes debts in a number of areas, including income taxes, a defaulted mortgage and credit card bills.

According to the documents, which were filed on Wednesday and obtained by People Friday, Justin Stiegemeyer, Presley’s current business manager who is responsible for “day-to-day finances and paying all of her bills,” disclosed that the 50-year-old had first learned of her debt while her old business manager Provident Financial Management was handling her finances.
See full article at PEOPLE.com »

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