Highlights
- Bill Cosby’s ongoing legal and financial problems have affected his Christmas celebrations and put a damper on the holidays for his family.
- Money issues are the main reason why Cosby’s Christmas celebrations were not as lavish as in previous years.
- Cosby’s financial troubles include having to liquidate assets, take out additional mortgages, and sell artwork to keep up with bills, as well as owing over $650,000 in back due taxes. These issues have also strained his marriage.
Bill Cosby may be a free man, but he certainly isn’t problem-free. According to a new report, the actor had a bit of a blue Christmas as his ongoing legal and financial problems put a damper on the holidays.
Radar Online reports that Bill had a low-key holiday weekend with his wife, Camille, at their Massachusetts home. They were joined by their daughters and grandchildren.
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Bill Cosby and his wife Camille have not adjusted their lavish lifestyles despite making less money.
Bill Cosby Couldn’t Afford A Big Christmas Celebration This Year
While the festivities may have been filled with quality family time, the publication says it’s not nearly elaborate as Cosby and his family have become accustomed to in previous years.
The family is “trying to keep traditions alive,” but the disgraced actor’s ongoing legal problems “have dampened” it for everyone, a source claimed to the outlet.
The insider added that “money issues” are the main reason the family’s Christmas celebrations weren’t as over-the-top as in the past. For example, Bill no longer has a private plan at his disposal, so his family has had to pay for their own commercial airfare to join him in Massachusetts.
“All the grandkids are coming, their daughters will be there, and Bill’s brother might be flying in,” the source said of the family’s Christmas plans, emphasizing how pricey it’ll be to have so many fly out, though it seems Bill may not be footing the cost himself.
Bill Cosby Keeps Getting Sued And His Debt Is Growing
Bill’s low-key Christmas plans come a month after a separate Radar Online report claimed the actor was in “financial turmoil,” as he keeps getting hit with various lawsuit filed by women who claim to have been assaulted by him.
Bill and Camille are reportedly having to liquidate their assets, take out additional mortgages, and even sell their artwork collection to keep up with piling bills.
Moreover, Cosby also has serious debt. He allegedly owes the IRL over $650,000 from back due taxes from the years 2019 and 2020. Though he was once reported to have a net worth of $400 million, there’s speculation that much of Bill’s wealth has been depleted amid his growing legal and financial issues.
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Bill Cosby had a negative reputation on the Late Show both behind the scenes and in front of the camera with Sofia Vergara.
Not to mention, the actor hasn’t worked in years given that his wholesome reputation was tarnished when the #MeToo movement took off and various women came forward with allegations against Cosby.
The former Cosby Show star was charged with assault in 2015, and later found guilty in 2018. However, the conviction was overturned in 2021 after a judge determined his due process was violated during the original trial. Bill has been out of jail ever since, though he keeps being sued civilly by various women over similar (and equally disturbing) sexual assault accusations.
Cosby hasn’t formally commented on his reported financial issues. But they’re reportedly taking a toll on his marriage, with one report alleging his wife is refusing to fire their staff, despite Bill insisting they can’t afford their wages.
Source: NewsFinale
