July 5, 2023, published at 4:30 PM ET
Food Network star Kat Kora filed for Chapter 11 bankruptcy, claiming she owes more than $1 million to creditors, RadarOnline.com has learned.
According to court documents obtained by RadarOnline.com, the celebrity chef said she has property worth $10,943 and liabilities totaling $1,193,516.
Article continues under ad
Cat said her average monthly income is $4,167 per month, but her monthly expenses total $29,118, putting her in the red.
In her petition, she listed her belongings as a dining room set worth $1,500, kitchen utensils and dishes worth $1,000, and clothing worth $2,000. At the time of her filing, she claimed she only had $5,643 in her Union Bank checking account.
Article continues under ad
She listed her creditors as her ex-wife Jennifer to whom she owes household support obligations. She did not mention the amount due. Cat owes another $45,000 to American Express, $150,000 to a New Jersey law firm, $283,000 to one of her divorce attorneys, another $113,000 to another Santa Barbara law firm, and $150,000 to an attorney named Susan Wiesner.
The petition listed another $450,000 owed to the IRS.
In court documents, Cat listed her occupation as a self-employed chef. She said she supports her 4 children: Zoran, 17, Caje, 14, Thatcher, 12, and Nash, 12. All the children live with her.
Article continues under ad
Cat’s monthly expenses include $6,500 per month spent on a rental home, $17,000 in support payments, and $5,000 for food and household items. Her monthly expenses total $29,000, leaving her $25,000 in the red each month.
The Food Network star said she raised $282,000 from her business in 2020. In addition, the Cat companies have filed for bankruptcy.
In April, Cat’s ex-wife Jennifer rushed to court to object to the chief’s bankruptcy or debt restructuring. She argued that Cat had failed to advance her Chapter 11 case or present a debt restructuring plan.
MORE:
Food network
Article continues under ad
Jennifer accused Cat of not filing for bankruptcy for “legitimate reorganization purposes.” Instead, it’s clear that [Cat] filed these cases solely to continue her scorched earth policy, refusing to comply with her court-mandated domestic support obligations to Jennifer and their children.
Furthermore, Jennifer claimed that Cat stopped paying her support after she filed for bankruptcy. She said that was reason enough to dismiss the entire bankruptcy.
In her motion, Jennifer said since the court awarded her spousal maintenance and child maintenance in 2017Car reportedly failed to “fulfill her court-mandated obligations and actively interfered with Jennifer’s collection rights with Catherine’s business entities.”
As part of their divorce, Jennifer received $30,000 a month from Cat’s operating profit to collect back support. The court had previously awarded Jennifer $8,000 a month in child support and an additional $9,000 a month in spousal support.
Article continues under ad
In 2021, Jennifer said Cat fraudulently sold her stake in one of the companies that caused her to collect the $30,000 a month payments.
Before the matter has to be resolved in court, Jennifer said that Cat had filed for bankruptcy. She wants the Chapter 11 case dropped immediately and Cat on the hook for the money she owes.