Lisa Marie Presley Admits She Has Over $16 Million Of Debt

Lisa Marie Presley is separating from husband Michael Lockwood, and the divorce has revealed just how severe the amount of debt the daughter of the late Elvis Presley is in

By austind03 on February 16, 2018
HOLLYWOOD, CA - MAY 07: Singer Lisa Marie Presley (L) and musician Michael Lockwood attend the premiere of Warner Bros. Pictures' "Mad Max: Fury Road" at TCL Chinese Theatre on May 7, 2015 in Hollywood, California.
(Photo by Frazer Harrison/Getty Images)

Lisa Marie Presley is going through a messy divorce from Michael Lockwood, and it’s revealing some severe financial difficulties.

TMZ is reporting that the daughter of the late Elvis Presley is deeply in the red.

In tax documents filed by Lisa Marie, it came out that she owes over $10 million in unpaid taxes from 2012 to 2015. On top of that, she owes another $6 million on a U.K. home after defaulting on the mortgage. The remainder of her debt comes from unpaid credit card and attorney bills.

All in all, that leaves her at least $16 million in the hole, and that’s not even including what her ex wants to get from her in court. As it turns out, he’s trying to get her to pay more than $450,000 for his attorney fees.

Unfortunately for him, it sounds like that isn’t going to happen any time soon…

Head right here to learn more.

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