US Politics | Serena Williams’ stepmom’s debts revealed after blowing cash on ‘fast food & frivolities’ amid crumbling home battle
THE extent of Serena Williams' stepmom's spiraling debts have been revealed after she allegedly blew the cash on ...fast food and frivolities.... Lakeisha Williams, 43, is on the cusp of losing Serena...s childhood home in Palm Beach Gardens, Florida, amid her $500,000 bankruptcy case. 
Adam Gray/SWNS for The US SunLakeisha Williams is on the cusp of losing SerenaWilliams' childhood home amid her $500,000 bankruptcy case '/ ' 
GettyRichard Williams reportedly sold Lakeisha the crumbling home for $10 '/ ' The tennis legend...s dad Richard, 80, allegedly gave the four-bedroom home away to Lakeisha for $10. But the crumbling home is now dangerously close to being flogged at auction to pay off her huge debt. Lakeisha allegedly forged Richard Williams' signature to remortgage their mansion for $255,000. She is said to have blown the lot on a failed trucking business as well as "fast food and frivolities", according to court docs. Read More US News 
FINAL REPRIEVE Serena Williams' crumbling childhood home is saved in shock ruling 
SMORGASBORD OF TALENT TMRW announces investor list including Curry, Williams and Hamilton Meanwhile, "hard lender", David Simon, who lent the cash, has been fighting a six-year battle to claw the money back. He wants the four-bed Williams' childhood home sold to pay off the debt, which now stands at $513,213.67 including interest. And The U.S. Sun can reveal the extent to which Lakeisha's money problems have spiraled. She has filed three times for Chapter 13 bankruptcy \- failing twice -with debts of up to $1 million. Most read in News 'GOING TO HELL' Lori Vallow's mother-in-law issues haunting message to cult mom BAR BLOODBATH At least five dead in mass shooting at LGBTQ club in Colorado Springs KNIFE RAMPAGE Eerie link emerges between university murders and killer that inspired Scream 'FIND HIM' Dad claims clues in case 'linked to JonBenet Ramsey murder' dismissed by cops 'NEVER TOO LATE' I'm bodybuilding grandma - haters slammed me but I'm unrecognizable at 66 CRASH CHAOS Suspect named after 'young girl killed' at Christmas parade While Simon is the main creditor in this case, there are 19 more interested parties. The information has come to light in the case's most recent court documents, with Lakeisha insisting she can stick to a five-year repayment plan worth around $8,000 a month. Simon's legal team have vehemently argued there is no chance this will happen, as she has had years to pay the debt off and they say spends every dollar she earns. The number of creditors involved in this case include the IRS and Palm Beach County Tax Collector. From the exhaustive list, it adds Capital One, Bank of America, Comenity Bank and Synchrony Bank. Desperate Lakeisha has also used bankruptcy specialist companies such as Quantum3 Group. DEBTS OWED Some of her debts have been passed onto collection agencies such as Firstsource Advantage, LVNV Funding and Forest Recovery Services. She also owes to companies who appear to have been involved with her doomed trucking business such as auto financing firms Embassy Loans and Tidewater Finance. A dementia-hit Richard claimed his younger wife transferred the deed of their home without his permission and took out a $152,000 mortgage from Simon in February 2017 after imitating his writing. She then borrowed a further $123,000 a couple of months later and only ever paid back approximately $25,000. In Simon's deposition, he revealed Lakeisha approached him for the loan after seeing a ...for sale' sign on his $79,000 Volvo semi truck tractor. Simon would only sell the truck to Lakeisha if he had property as collateral, which was in Williams' name, so Lakeisha transferred the deeds into her name by allegedly faking her husband's signature. But the truck was then repossessed by Simon in June 2018 after it split in half in Long Island City, 1,200 miles from their home, causing $30,000 damage. Recently, Simon says she has restarted the business and is earning cash again, but it will never be enough to cover the debt. One court doc says: "No matter how much money her trucking business generates every month, she spends all of her income every month without paying a dollar to the secured creditor 'i.e Simon '." Williams originally bought the property with Serena and Venus' mother Oracene for $355,000 in 1995. The once-smart home has fallen into such a state of disrepair, with problems such as a heavily leaking roof, that Simon claims it's uninsurable. Read More on The US Sun 
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'GOING TO HELL' Lori Vallow's mother-in-law issues haunting message to cult mom While realtor sites value the place at over $1.4 million, the real figure is nearly half that amount due its appalling condition. A hearing on whether the house will be sold will now be held on December 1. 
Photos show the inside and exterior of the home that has fallen into disarrayProToCall Home Inspections 
The roof appeared to have been haphazardly repaired dozens of timesUnited Stated Bankruptcy Court Southern District of Florida West Palm Beach Division 
Getty Images - GettySerena Williams attends the 2022 Portrait Of A Nation Gala last week '/ ' 
GettyRichard Williams reportedly gave Lakeisha the house for $10 '/ ' 
ProToCall Home InspectionsThe property's roof is leaking '/ ' 
ProToCall Home InspectionsGrime can be seen on the sink '/ '
Adam Gray/SWNS for The US SunLakeisha Williams is on the cusp of losing SerenaWilliams' childhood home amid her $500,000 bankruptcy case '/ ' GettyRichard Williams reportedly sold Lakeisha the crumbling home for $10 '/ ' The tennis legend...s dad Richard, 80, allegedly gave the four-bedroom home away to Lakeisha for $10. But the crumbling home is now dangerously close to being flogged at auction to pay off her huge debt. Lakeisha allegedly forged Richard Williams' signature to remortgage their mansion for $255,000. She is said to have blown the lot on a failed trucking business as well as "fast food and frivolities", according to court docs. Read More US News FINAL REPRIEVE Serena Williams' crumbling childhood home is saved in shock ruling SMORGASBORD OF TALENT TMRW announces investor list including Curry, Williams and Hamilton Meanwhile, "hard lender", David Simon, who lent the cash, has been fighting a six-year battle to claw the money back. He wants the four-bed Williams' childhood home sold to pay off the debt, which now stands at $513,213.67 including interest. And The U.S. Sun can reveal the extent to which Lakeisha's money problems have spiraled. She has filed three times for Chapter 13 bankruptcy \- failing twice -with debts of up to $1 million. Most read in News 'GOING TO HELL' Lori Vallow's mother-in-law issues haunting message to cult mom BAR BLOODBATH At least five dead in mass shooting at LGBTQ club in Colorado Springs KNIFE RAMPAGE Eerie link emerges between university murders and killer that inspired Scream 'FIND HIM' Dad claims clues in case 'linked to JonBenet Ramsey murder' dismissed by cops 'NEVER TOO LATE' I'm bodybuilding grandma - haters slammed me but I'm unrecognizable at 66 CRASH CHAOS Suspect named after 'young girl killed' at Christmas parade While Simon is the main creditor in this case, there are 19 more interested parties. The information has come to light in the case's most recent court documents, with Lakeisha insisting she can stick to a five-year repayment plan worth around $8,000 a month. Simon's legal team have vehemently argued there is no chance this will happen, as she has had years to pay the debt off and they say spends every dollar she earns. The number of creditors involved in this case include the IRS and Palm Beach County Tax Collector. From the exhaustive list, it adds Capital One, Bank of America, Comenity Bank and Synchrony Bank. Desperate Lakeisha has also used bankruptcy specialist companies such as Quantum3 Group. DEBTS OWED Some of her debts have been passed onto collection agencies such as Firstsource Advantage, LVNV Funding and Forest Recovery Services. She also owes to companies who appear to have been involved with her doomed trucking business such as auto financing firms Embassy Loans and Tidewater Finance. A dementia-hit Richard claimed his younger wife transferred the deed of their home without his permission and took out a $152,000 mortgage from Simon in February 2017 after imitating his writing. She then borrowed a further $123,000 a couple of months later and only ever paid back approximately $25,000. In Simon's deposition, he revealed Lakeisha approached him for the loan after seeing a ...for sale' sign on his $79,000 Volvo semi truck tractor. Simon would only sell the truck to Lakeisha if he had property as collateral, which was in Williams' name, so Lakeisha transferred the deeds into her name by allegedly faking her husband's signature. But the truck was then repossessed by Simon in June 2018 after it split in half in Long Island City, 1,200 miles from their home, causing $30,000 damage. Recently, Simon says she has restarted the business and is earning cash again, but it will never be enough to cover the debt. One court doc says: "No matter how much money her trucking business generates every month, she spends all of her income every month without paying a dollar to the secured creditor 'i.e Simon '." Williams originally bought the property with Serena and Venus' mother Oracene for $355,000 in 1995. The once-smart home has fallen into such a state of disrepair, with problems such as a heavily leaking roof, that Simon claims it's uninsurable. Read More on The US Sun WORLD IS WATCHING Qatar brushes off controversy as World Cup opening ceremony kicks off 'GOING TO HELL' Lori Vallow's mother-in-law issues haunting message to cult mom While realtor sites value the place at over $1.4 million, the real figure is nearly half that amount due its appalling condition. A hearing on whether the house will be sold will now be held on December 1. Photos show the inside and exterior of the home that has fallen into disarrayProToCall Home Inspections The roof appeared to have been haphazardly repaired dozens of timesUnited Stated Bankruptcy Court Southern District of Florida West Palm Beach Division Getty Images - GettySerena Williams attends the 2022 Portrait Of A Nation Gala last week '/ ' GettyRichard Williams reportedly gave Lakeisha the house for $10 '/ ' ProToCall Home InspectionsThe property's roof is leaking '/ ' ProToCall Home InspectionsGrime can be seen on the sink '/ '
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