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Home»Entertainment»‘Iron Chef’ Star Cat Cora Files for Bankruptcy Owing $1 Million to Creditors, Ex-wife Fighting Case
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‘Iron Chef’ Star Cat Cora Files for Bankruptcy Owing $1 Million to Creditors, Ex-wife Fighting Case

July 6, 2023No Comments3 Mins Read
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‘Iron Chef’ Star Cat Cora Files for Bankruptcy Owing $1 Million to Creditors, Ex-wife Fighting Case
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Jul. 5 2023, Revealed 4:30 p.m. ET

Meals Community star Cat Cora has filed for Chapter 11 chapter claiming she owes over $1 million to collectors, RadarOnline.com has realized.

In keeping with court docket paperwork obtained by RadarOnline.com, the movie star chef stated she has property value $10,943 and liabilities totaling $1,193,516.

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Cat stated her common month-to-month revenue is $4,167 per thirty days however her month-to-month bills complete $29,118 — leaving her within the pink.

In her petition, she listed her belongings as a eating room set value $1,500, kitchen utensils and plates value $1k and clothes within the quantity of $2k. On the time of her submitting, she claimed to solely have $5,643 in her Union Financial institution checking account.

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She listed her collectors as her ex-wife Jennifer who she owes home assist obligations. She didn’t checklist the quantity owed. Cat owes one other $45k to American Categorical, $150k to a New Jersey regulation agency, $283k to one in all her divorce attorneys, one other $113k to a different Santa Barbara regulation agency and $150k to a lawyer named Susan Wiesner.

The petition listed one other $450k owed to the IRS.

In court docket paperwork, Cat listed her occupation as a self-employed chef. She stated she helps her 4 youngsters: Zoran, 17, Caje, 14, Thatcher, 12 and Nash, 12. All the kids stay along with her.

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Cat’s month-to-month bills embrace $6,500 per thirty days spent on a rental house, $17k in assist funds and $5k for meals and housekeeping provides. Her month-to-month bills complete $29k which leaves her within the pink $25k ever month.

The Meals Community star stated she pulled in $282k from her enterprise in 2020. As well as, Cat’s companies filed for chapter.

In April, Cat’s ex-wife Jennifer rushed to court docket objecting to the chapter or the chef’s debt being cleaned. She argued Cat had failed to maneuver her Chapter 11 case ahead or current a reorganization plan for her debt.

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Jennifer accused Cat of not submitting the chapter for any, “legit reorganization objective. As a substitute, it’s clear that [Cat] filed these circumstances solely to proceed her scorched earth coverage of refusing to abide by her Courtroom-ordered home assist obligations to Jennifer and their youngsters.”

Additional, Jennifer claimed that Cat stopped making her assist funds after submitting for chapter. She stated that is motive sufficient to dismiss all the chapter.

In her movement, Jennifer stated because the court docket awarded her spousal and baby assist in 2017, Automobile has allegedly failed “to fulfill her Courtroom-ordered obligations and has actively interfered with Jennifer’s rights of assortment from Catherine’s enterprise entities.”

As a part of their divorce, Jennifer was awarded $30k per thirty days from Cat’s enterprise income to gather on again assist. The court docket had beforehand awarded Jennifer $8k per thirty days in baby assist and one other $9k per thirty days in spousal assist.

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In 2021, Jennifer stated Cat fraudulently offered her curiosity in one of many companies which messed along with her gathering the $30k per thirty days funds.

Earlier than the matter needs to be resolved in court docket, Jennifer stated Cat filed for chapter. She desires the Chapter 11 case dismissed instantly and Cat to be on the hook for the cash she owes.

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