Teri Polo Files Chapter 11 Bankruptcy

Her Chapter 11 filing shows that she has assets estimated to be less than $50,000 and debts of approximately $1 million. Taxes make up a large part of Polo's liabilities. She owes nearly $745,000 to the Internal Revenue Service and about $27,000 to the California Franchise Tax Board.

Her Chapter 11 filing shows that she has assets estimated to be less than $50,000 and debts of approximately $1 million. Taxes make up a large part of Polo's liabilities. She owes nearly $745,000 to the Internal Revenue Service and about $27,000 to the California Franchise Tax Board.

Teri Polo, the actress best known for her role in the trilogy of “Meet the Parents” films, has filed for bankruptcy protection. She currently stars on the ABC Family show “The Fosters.” Polo is a resident of Manhattan Beach, California.

Her Chapter 11 filing shows that she has assets estimated to be less than $50,000 and debts of approximately $1 million. Taxes make up a large part of Polo’s liabilities. She owes nearly $745,000 to the Internal Revenue Service and about $27,000 to the California Franchise Tax Board.

Polo’s other debts include almost $30,000 to American Express and nearly $7,000 to Chase. Edwin McPherson, Polo’s previous landlord, filed a lawsuit against Polo claiming she owes $30,000 in fees resulting from the actress allegedly leaving her old apartment covered in dog feces and urine.

Polo disputes this claim. Polo filed her bankruptcy petition with a Los Angeles court on April 14, 2014.

Please keep in mind that every bankruptcy matter is different. If you have questions about filing for bankruptcy protection and would like to schedule a no-cost consultation, please contact us by completing the form on this website or calling us at 954-466-0541.

Image of a person looking at the bankruptcy forms in shock.

How Long are the Florida Bankruptcy Forms?

Filling out these forms requires a thorough understanding of your current financial affairs. You'll need...

Image of a watch over some money, related to the time it takes for Chapter 7 bankruptcy in Florida.

How Long Does Chapter 7 Take in Florida: A Comprehensive Guide

Now, let's address the question at hand: how long does Chapter 7 take in Florida? Typically, the Chapter...

Image of a guidebook for chapter 7 bankruptcy: Florida qualifications.

Chapter 7 Bankruptcy: Florida Qualifications - Your Guide to a Fresh Start

Chapter 7 Bankruptcy, often referred to as straight or liquidation bankruptcy, is a legal process that...

Image of a comprehensive guide for exploring Florida bankruptcy laws.

Exploring Florida Bankruptcy Laws: A Comprehensive Guide

Bankruptcy is a legal procedure that allows individuals or businesses struggling with debt to seek relief...

Schedule Your Business Bankruptcy Strategy Session

Claim Lead Magnet Form Submission

Signs user up for long term narture compaign

    
 
 
       If you are considering filling for bankruptcy , this would be the firm to use! Jonathan is very experienced as well as all of his team, Specially Anne ! They made the process very easy and my case was approved due to their help and expertise! I am very grateful to have had them representing me !
  
 
    
   Xime Basa 
 2023-09-28
 
 
 
      I highly recommend LSS Law. No complaints. Jonathan, Ann, and Maria were very professional and clear in all our communications, which makes everything really easy.
  
 
    
   Donald Galindo 
 2023-09-05
 
 
 
      Great service. Friendly and helpful staff. Highly recommend.
  
 
    
   Al La 
 2023-03-29
 
 
 
      Jonathan and Anne were wonderful and I thank you for helping me with my new beginning.
  
 
    
   ADRIANNE SURRENCY 
 2023-03-29
 
 
 
      I had a wonderful experience with Jonathan Leiderman at LSS Law. Not only is he well experienced, but he is also very patient and supportive throughout a tough time. I appreciate that he takes such a hands-on approach where there is no going through office staff and waiting for a reply. He deals with you one-on-one, and he is your single point of contact. He takes time to answer all your questions and takes the time to ensure that you understand every aspect. He is highly communicative and does so in a timely manner.... I always got a response within minutes or hours, at the latest 24 hours. I don't know how he does it all, but I am grateful that I had him to represent me! I highly recommend Jonathan and LSS Law!
  
 
    
   Jewel Nicholson 
 2023-02-16
 
 
 
      Jonathan Leiderman did a phenomenal job representing me and taking on my case.  His knowledge, experience, and diligence quickly became apparent through his work product and the correspondence that he maintained with me.  Furthermore, he was always quick to answer my questions and put my mind at ease during the entire process.  Jonathan and LSS Law will forever have my gratitude and I highly recommend their services to anyone who is in need of them.
  
 
    
   Ali 
 2023-02-06
 
 
 
      I am really greatful to attorney Jonathen Leiderman for patiently working with me through a very stressful period of ambivalence, and then towards resolution of a difficult predicament. His professionalism and empathy were exceptional. I would recomend him to all who need similar services.
  
 
    
   Peter G 
 2022-04-04
 
 
 
      Excellent company to work with providing timely advice and guidance.  Went above and beyond in assisting our company with an out of state bankruptcy issue
  
 
    
   Diane Artioli 
 2021-10-08
 
 
 
      This company was very professional, sympathetic and very reasonably priced.
  
 
    
   Kemel Gajraj 
 2021-09-13

Hear From Our Clients

Google Reviews

Xime Basa

If you are considering filling for bankruptcy , this would be the firm to use! Jonathan is very experienced as well as all of his team, Specially Anne ! They made the process very easy and my case was approved due to their help and expertise! I am very grateful to have had them representing me !

Donald Galindo

I highly recommend LSS Law. No complaints. Jonathan, Ann, and Maria were very professional and clear in all our communications, which makes everything really easy.

Walter Laramore

Jonathan is quite splendid to deal with and has been an ideal representative for my case. Well prepared, great attention to detail, and very empathetic to my needs. Superior communication skills and gets back with you, anticipating your needs. Worth every penny!

Tavy Bastos

I had a great experience. Jonathan was very attentive, patient and knowledgeable. I had consulted with a different office before that was subpar and didn't provide all of the options provided by this one. I felt secure and in good hands with the representation.

Adrianne Surrency

Jonathan and Anne were wonderful and I thank you for helping me with my new beginning.

Contact us for your Strategy Session

When you’re ready to take the next steps toward a secure and successful future, please get in touch with our team for your Strategy Session.

Teri Polo Files Chapter 11 Bankruptcy

Table of Contents

Related Posts