Danny Trejo is one step nearer to paying off the thousands and thousands owed in again taxes.
In keeping with courtroom paperwork obtained by RadarOnline.com, final week, Trejo knowledgeable the courtroom he obtained a suggestion of $770k on a pad he owned in Pacoima, California
Trejo lives in a $1.2 million mansion in Mission Hills, California however he inherited the second residence after his mother’s passing.
The actor stated the sale will herald $391k to assist him repay money owed to the IRS and California Franchise Tax Board. Trejo stated $307k will go to the IRS and $93k will go to the state.
The sale brings in a considerable quantity of funds for Trejo in his Chapter 11.
As we beforehand reported, final yr, Trejo filed for chapter itemizing $2.2 million in belongings and $3.6 million in liabilities. A lot of the debt was again taxes.
Trejo’s most important belongings included his most important residence, the second residence, and a large automobile assortment.
The gathering features a 1942 Chevrolet Grasp Deluxe, a 1976 Cadillac Seville 4D, a 1998 Cadillac Eldorado, a 2001 Cadillac Eldorado 2D, a 1961 Ford Truck, a 2006 Vary Rover, a 1997 Cadillac Eldorado, a 2005 Ford Truck, a Harley Davidson motorbike price and a 2006 Mercedes Benz.
In his preliminary petition, Trejo stated his common month-to-month revenue got here to $165k and his bills totaled $14k.
Trejo proposed a compensation plan the place he would make 4 funds of $200k per yr till early 2028.