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Kelly Rutherford settles bankruptcy case

Kelly Rutherford settles bankruptcy case

London, Feb 23 (PTI) Actress Kelly Rutherford can finally move on from her three-year bankruptcy battle after the case was officially closed.

The former "Gossip Girl" star declared she was broke in 2013, revealing her years-long international custody battle with her ex-husband Daniel Giersch over their two children, seven-year-old Helena and 10-year-old Hermes, had taken a toll on her finances, reported Cosmopolitan.

 

Giersch fled to Monaco and France while he sorted out visa issues which had forced him to leave the US in 2012 and Rutherford, who is based in New York, was forced to fly out and see her kids.

She challenged the ruling and then had to fight for her son and daughter in a Monaco court, only for a local judge to grant Giersch full custody in 2015.

The legal struggle and the travel costs involved ripped through her finances, but the 48-year-old has finally been given something to smile about after her bankruptcy trustee filed his final report to end the case last week.

Rutherford had listed her liabilities at over 1.6 million pounds in her original bankruptcy documents, with assets amounting to just under 19,260 pounds.

She had a number of her outstanding debts discharged, and in the final financial report, it was revealed Giersch, who had been among her creditors, was only granted 130,800 pounds of the 1.2 million pounds he claimed he was owed.

Rutherford split from Giersch in 2008, while she was pregnant with their second child, after two years of marriage.

Their divorce was finalised in 2010.

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Kelly Rutherford settles bankruptcy case

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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