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        <title><![CDATA[Tom and Erika Are Selling $1.25 Million Property to Pay Creditors, Bills]]></title>
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        <link>https://usagag.com/2021/09/15/tom-and-erika-are-selling-1-25-million-property-to-pay-creditors-bills/</link>
        <lastBuildDate>Wed, 15 Sep 2021 23:00:03 +0000</lastBuildDate>
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            <media:title type="html">Tom and Erika Are Selling $1.25 Million Property to Pay Creditors, Bills</media:title>
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        <content:encoded><![CDATA[
										
					<p>The next step. <strong><strong>Erika Jayne</strong></strong> and her estranged husband, <strong><strong>Tom Girardi</strong></strong>, are officially selling their La Quinta, California, home amid their legal woes.</p>
<p>“Girardi’s La Quinta condo is finally up for sale,” <strong>Ronald Richards</strong>, the attorney for the trustee overseeing the bankruptcy case involving Tom’s law firm, <a href="https://twitter.com/RonaldRichards/status/1437691649195380740">tweeted</a> on Tuesday, September 14. “The sale will result at a minimum of $730,000 to the estate with $584k <strong>going to the Ruigomez creditors</strong>. $335k is going to Girardi’s trustee’s attorney’s bill. The sales price is $1,250,000.”</p>
<p>The 3,708-square-foot condo, built in 2005, has three bedrooms and three-and-a-half bathrooms. The property has a main house, a guest house, an in-ground pool and a three-car attached garage. It is situated on the fifth hole of a golf course and is being sold “as is,” according to the listing.</p>
<p>Erika, 50, claimed during an August episode of <strong><em>The Real Housewives of Beverly Hills</em></strong> that she had never been to the home and did not even know where it was located.</p>
<p>The estranged couple <strong>listed their Pasadena, California, mansion in May for $13 million</strong>. The house had four bedrooms, nine bathrooms, five fireplaces, a library, a pool, a walk-in vanity room with balcony access and a small chapel. In July, news broke that <strong>they reduced the price to $9.9 million</strong>. <em>Us Weekly</em> confirmed in January that <strong>Erika moved into a $2.4 million home in Los Angeles</strong>.</p>

		<p>The reality star <strong>filed for divorce from Tom, 82, in November 2020 after 21 years of marriage</strong>. The following month, the pair were <strong>accused of embezzling $2 million in settlement funds</strong> intended for the families of Lion Air Flight 610 victims. The former lawyer allegedly mishandled some of his other clients’ money too.</p>
<p>The trustee overseeing the <strong>bankruptcy case of Tom’s law firm, Girardi Keese, sued Erika for $25 million</strong> in August. She allegedly knew the company was paying for her expenses for at least 12 years, according to court documents obtained by <em>Us</em> at the time. The trustee requested that the court order her to <strong>repay the money she allegedly spent</strong> plus interest.</p>
<p>Richards told <em>Us</em> on September 8 that he <strong>made a limited time offer for her to “voluntarily” repay the $25 million</strong>. If she did not comply, the lawsuit would proceed.</p>
<p>Erika’s lawyer, meanwhile, said in an August statement that the case “is another example of the trustee and her counsel jumping to conclusions without a full investigation and bullying and blaming Erika for actions taken by Girardi Keese for which Erika does not have legal liability.”</p>
<p>Scroll through the gallery below to see photos of Erika and Tom’s La Quinta condo:</p>
									

				
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<strong></strong><strong><img width="130" height="47.72"  alt="Listen on Google Play Music"  data-src="/uploads/2021/09/15/tom-and-erika-are-selling-1-25-million-property-to-pay-creditors-bills-0.png"></strong><p>This story originally appeared on: <strong>US Magazine</strong> - Author:<strong>Erin Crabtree</strong></p>]]></content:encoded>
                <dc:creator><![CDATA[Erin Crabtree]]></dc:creator>
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