Randall Emmett filed for reduced child support to avoid bankruptcy
Randall Emmett’s personal and legal problems continue to mount.
Before Lala Kent ended their engagement, Emmett filed court documents in March asking to reduce his alimony payments to ex-wife Ambyr Childers due to his “significant debts.”
In legal documents obtained by Page Six, the film producer asked the court to end his January order that required him to maintain a bank account with a monthly balance of at least $ 50,000 to fund expenses not. related to his children’s school fees because he has accumulated at least $ 500,000 in IRS debt.
“If he is forced to continue making these deposits, Randall will go deeper and deeper into debt and be forced to file for bankruptcy,” the documents say.
Emmett, 50, also claimed the former “You” Childers star, 33, spent the money on luxury items that were “not a legitimate expense” for their daughters, London, 11 , and Rylee, 8 years old.
The “Midnight in the Switchgrass” director cited the “tenuous” film industry downturn following the COVID-19 pandemic as the reason for its drastic drop in revenues.
“I only produced one movie in 2020, compared to several like in normal years, therefore my income has been drastically reduced and I have cash flow issues,” he wrote in his personal statement. .
Emmett said he arranged a payment plan of $ 15,000 per month to the IRS and $ 10,000 per month to American Express.
âAs such, the continued funding of this children’s expense account will cause me great financial hardship and force me to file for bankruptcy,â he continued.
Emmett and Childers married from 2009 to 2017, but legally separated in 2016.
The case was settled out of court three months later.
As Emmett continues to face legal issues – he and his business are sued for $ 281,000 in unpaid rent, according to another set of documents obtained by Page Six – his personal life is also taking a hit.
Kent ditched her engagement ring and was spotted touring a modest apartment complex after Emmett allegedly cheated on her. The two commute with their 7-month-old daughter, Ocean, as Kent focuses on her sobriety and is a “smart bitch” for ditching him.