Thursday, November 4, 2010

Heidi Montag and Spencer Pratt to file for bankruptcy

Reality TV star Heidi Montag and her husband Spencer Pratt are set to file for bankruptcy.
The couple have spent all their $10 million fortune on renting a $35,000-a-month Malibu house, six cars and $3 million on Montag's failed music career and cosmetic surgery. The pair are now unable to pay a $2 million tax bill.

Pratt, 27, told US Life & Style magazine: 'We were immature, worrying too much about the famous part instead of the actual business part. In hindsight, we shouldn't have spent any of our money, we should have been low-key and saved.'

The former Hills star added: 'We spoke with a bankruptcy attorney and I've looked into unemployment cheques.'

The recently reunited couple are now living in an apartment in the grounds of Pratt's parents' home. He said: 'I feel like I'm 14 years old again, my parents are my lifeline.'

Montag, 24, added: 'Spencer's parents go to the grocery store for us once a week and that's all we get.'
monstersandcritics
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