theJasmineBRAND.com exclusively reports, actress Tisha Campbell-Martin & her actor husband Duane Martin fear their personal emails, photos & videos could be leaked in their bankruptcy case and they want the trustee presiding over their case to sign a non-disclosure agreement, so NOTHING is leaked that embarrasses them or their famous friends.
Here’s the backstory: The couple filed for Chapter 7 bankruptcy on January 7th. The petition stated the coupe owned $65k in real estate, $248k in personal property for a total of $313k in assets. However, they are drowning in debt and owe over $15,145,387 in liabilities to creditors.
Their monthly income is $7,655 but their monthly expenses come out to $16,953. Currently they only have $200 in cash on hand and less than $200 in their bank accounts.
Duane & Tisha also list several companies they run including a production company where Tisha is paid for her work on the ABC show ‘Dr. Ken Show’, which she explains her contract was up in early 2016 and she isn’t sure they will ask her back.
The couple’s liabilities are $3 million to Broadway Federal Bank for a personal guaranty for a real estate loan they took out, $9.5 million to the City of Los Angeles for a personal guaranty, $82k in back state taxes for 2005 & 2011, $86k to New York State Department of Taxation, $43k on the 42 month lease for the 2016 Range Rover, $17k on the 2016 Jeep Wrangler, $39k to American Express, $455k to City National Bank, $538k to Comerica Bank, $17k for their nephew’s student loan, $2,500 to a Valet company and numerous other liabilities.
Tisha famously starred as Gina on the Martin Lawrence hit sitcom, Martin from 1992-1997 and her other credits include My Wife & Kids, Everybody Hates Chris and Dr. Ken. Her husband has been equally successful with his career starring in the Real Husbands of Hollywood with Kevin Hart and the hit film ‘White Men Can’t Jump’.
Shortly after they filed for bankruptcy, the trustee presiding over the case slapped the couple with a federal lawsuit accusing them of diverting funds away from him in an attempt to allegedly hide assets. The judge came back and ordered Duane & Tisha to hand over their business and to cease diverting any funds coming in to other business’ they own.
On May 16th, the trustee returned to court accusing Duane & Tisha of not providing the required information for the case. He stated he has a
strong impression that the debtors have not been honest and forthcoming in this case, and, indeed, are seeking to divert property and assets that could prove to be valuable to creditors of this estate.
The trustee explained he requested Duane – who manages the majority of couple’s money – to hand over the laptop he uses to work on his various businesses and finances. The couple have interest in several businesses including production and loan-out companies, a restaurant, real estate investment entities and trusts. They have handed over some of the information the trustee demanded but Duane has yet to hand over the laptop to the trustee, who wants to have an expert copy all of their financial and operational information to see the true value of their companies and the current state of their financial situation and to make sure they didn’t delete or wipe any records to hide funds and assets
The trustee claimed he requested Duane to hand over the computer back in April. However, the actor has “raised every excuse in the book to delay” handing it over.
Duane refused to hand it over saying it contained personal photos & information, medical information regarding the couple and their special needs children, martial communications and other confidential information regarding future projects the two have in the works.
The trustee demanded the judge order Duane and & Tisha to hand over the laptop and allow him to have a professional copy their computer files and records.
Here’s the latest: On May 26th, the couple returned to court and blasted the trustee saying they are great concerns about their private photos, video & non-financial information being leaking to the public. Duane & Tisha say that all of the financial information was downloaded onto a thumb drive and delivered to him back in April. However, they do admit the thumb drive only contains the financial information that was on the computer not anything else.
They say they have offered to have their laptop imaged by a computer expert company to copy the hard drive and hand it over to the trustee.
They explain they will not hand over martial communications, all medical communication and intimate family photos and videos and other confidential communications with other public figures regarding private, non-financial matters.
Duane & Tisha also want the trustee to sign a non-disclosure agreement due to their concerns that the material on their laptop could be leaked and their privacy will be violated, which is possible due to the media attention the bankruptcy has received thus far.
Duane filed a declaration explaining his wife and him are public figures and the subject of gossip magazine and tabloid papers. He says that some of the personal material on the computer involving his family and other celebrities may be the source of professional embarrassment were they to be released to the public.