Erin Heatherton files for bankruptcy

Former Victoria’s Secret Angel Erin Heatherton has filed for bankruptcy.The American model, real name Erin Heather Bubley, launched her fashion career in 2006 when she landed a runway gig with Diane von Furstenberg, and later went on to model for the U…

Former Victoria’s Secret Angel Erin Heatherton has filed for bankruptcy.

The American model, real name Erin Heather Bubley, launched her fashion career in 2006 when she landed a runway gig with Diane von Furstenberg, and later went on to model for the U.S. lingerie giant from 2008 until 2013.

However, Heatherton has faced a number of legal battles in recent years, including a lawsuit over a failed clothing line and another fight over unpaid legal bills, and according to editors at The Blast, she has now filed for Chapter 7 bankruptcy and is over $500,000 (£386,000) in debt.

Court documents obtained by the outlet claim Heatherton has approximately $6,465 (£4,994) in assets and $560,242 (£432,833) in liabilities. Much of the debt relates to credit cards she began using in 2010, the year before she began a high-profile relationship with actor Leonardo DiCaprio. The couple parted ways in October 2012 after spending nearly a year together.

Heatherton currently owes a total of $221,601 (£171,000) on three credit cards, and another $201,000 (£155,000) to City National Bank, $100,000 (£77,000) over one of her legal battles, and an estimated $41,000 (£31,000) in back taxes.

The bankruptcy case is ongoing. Heatherton has not yet commented on filing.

In 2017, the 30-year-old was hit with a lawsuit by her business partner Clare Byrne over their failed sportswear line RetroActive, with the stylist alleging that the model had abandoned the project.

Heatherton later counter-sued, demanding Byrne return her initial $25,000 (£19,000) investment, though in July 2018, the Illinois native was hit was another barrier when her lawyer Stephanie Adwar asked to drop her as a client because she reportedly “failed and refused to pay” her legal bills.

Adwar was allegedly owed $1,400 (£1,100), plus additional legal fees at the time, but Heatherton reportedly informed her that she couldn’t afford to pay the bill and planned to file for bankruptcy.

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