Anyone following this Candice Miller/Mama & Tata nightmare?

[Anonymous]

Sadly lawyers fees will be huge.

[Anonymous]

Anonymous wrote:Anyone see this? https://therealdeal.com/new-york/2024/08/16/candice-miller-agreed-to-pay-husbands-loans-in-event-of-default/

She knew.

Of course she knew. And the question is why did she continue the game? Especially with husband understandably stressed out.

[Anonymous]

Anonymous wrote:She’ll work out a settlement for the debt, and she will be leaning hard into the “I had no idea what I was signing” angle.

No. I don’t think that’s gonna work. She’s not gonna just walk away and start over. People want their money.

[Anonymous]

Anonymous wrote:Sadly lawyers fees will be huge.

Costs for everything will be huge. How is she going to live? They didn’t own anything at the end. Sell the classic cars (if he even kept up with the payments - I read they were all financed), sell her designer clothes on consignment (but she had them all tailored to fit her)? I’m sure her kids have trust funds. Shit, I HOPE they have trusts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone see this? https://therealdeal.com/new-york/2024/08/16/candice-miller-agreed-to-pay-husbands-loans-in-event-of-default/

She knew.

Of course she knew. And the question is why did she continue the game? Especially with husband understandably stressed out.

She wanted him to figure it out. Everything has always been handed to her so she assumed the money would just keep rolling in somehow. In the end he couldn’t keep up with the lifestyle she wanted, and he was visibly depressed for ages but she didn’t care. Now she’s on the hook for it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m just getting caught up on all this after seeing the NYT article. Do most people think she was aware of their financial realities? I don’t understand how you could be that in the dark about your situation if your credit cards are literally being declined. Was the husband telling her everything was just peachy and she believed him without investigating on her own? What a sad and bizarre situation.

To me, it seems as though she believed she had married into money---lots of money.Based on what? i don't know. Their social circles? the appearance of success? I mean, house in the hamptons=money, right? NY real estate? All of this, to me, proved she's an effortlessly dumb woman who lacked the minimal intelligence to add two and two together. On the other hand, the dynamics of this marriage could be politely described as weird, as it appears the couple seemingly never discussed finances.One side assumed (wrongly) and lived as though they had $600M in the bank and the other side seemed to be dead set on maintaining the lifestyle of someone who has $600M in the bank.It should be noted that, even with $600M in the bank, this kind of profligate spending without a constant influx of sky-high would've inevitably led to financial disaster. At some point she ought to have known things weren't so rosy anymore for several reasons:
-The downsizing to a $47,000/month rental which in itself is so impossibly ridiculous
-The rental of high-end furniture
-The repossessed boat
However, as i noted above the dynamic of this marriage in regards to their finances was strange, he may have well told her all is well and peachy in their 'kingdom' and, ever the hyper materialistic wife, it was all music to her ears. Even before the outbreak of covid-19, one would've been hard pressed to find one or two successful projects that you could put under this guy's belt. His dad passed away in 2016 and, immediately thereafter, problems started.Covid-19 just put an end to the charade. He was never a successful, he just ran a ponzi scheme of sorts.

47K rental home (which would have been owned free andlear), some rental furniture, and some designer clothes would lead to financial ruin with 600M cash? Huh?

I'm not surprised people like you are confused. It has been proven ad hominem that, Americans---regardless of education,income,and demographics--are financially illierate. Like i said, with that kind of spending, even $600M would've eventually vanished.

“Ad nauseum”?

[Anonymous]

Anonymous wrote:She’ll work out a settlement for the debt, and she will be leaning hard into the “I had no idea what I was signing” angle.

That didn’t work very well for Teresa Giudice.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Sadly lawyers fees will be huge.

Costs for everything will be huge. How is she going to live? They didn’t own anything at the end. Sell the classic cars (if he even kept up with the payments - I read they were all financed), sell her designer clothes on consignment (but she had them all tailored to fit her)? I’m sure her kids have trust funds. Shit, I HOPE they have trusts.

How would the kids have trusts? His dad didn’t end up leaving him with anything substantial, and her family is fine but not that wealthy. There are definitely no trust funds. He had ok earnings for a few years but hasn’t had income in years and they piled on debt

[Anonymous]

[list]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sadly lawyers fees will be huge.

Costs for everything will be huge. How is she going to live? They didn’t own anything at the end. Sell the classic cars (if he even kept up with the payments - I read they were all financed), sell her designer clothes on consignment (but she had them all tailored to fit her)? I’m sure her kids have trust funds. Shit, I HOPE they have trusts.

How would the kids have trusts? His dad didn’t end up leaving him with anything substantial, and her family is fine but not that wealthy. There are definitely no trust funds. He had ok earnings for a few years but hasn’t had income in years and they piled on debt

Grandparents. Mine did it, lots of people I know have trusts set up by grandparents. Not uncommon in these circles.

[Anonymous]

Anonymous wrote:[list]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sadly lawyers fees will be huge.

Costs for everything will be huge. How is she going to live? They didn’t own anything at the end. Sell the classic cars (if he even kept up with the payments - I read they were all financed), sell her designer clothes on consignment (but she had them all tailored to fit her)? I’m sure her kids have trust funds. Shit, I HOPE they have trusts.

How would the kids have trusts? His dad didn’t end up leaving him with anything substantial, and her family is fine but not that wealthy. There are definitely no trust funds. He had ok earnings for a few years but hasn’t had income in years and they piled on debt

Grandparents. Mine did it, lots of people I know have trusts set up by grandparents. Not uncommon in these circles.

Have you not followed this? His dad dies leaving their finances in shambles. Her parents are divorced and wealthy but not fund your kids life for 1mm plus per year wealthy. Her kids may have trusts but that won’t fix the now nor carry them for life.

[Anonymous]

Anonymous wrote:

Anonymous wrote:[list]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sadly lawyers fees will be huge.

Costs for everything will be huge. How is she going to live? They didn’t own anything at the end. Sell the classic cars (if he even kept up with the payments - I read they were all financed), sell her designer clothes on consignment (but she had them all tailored to fit her)? I’m sure her kids have trust funds. Shit, I HOPE they have trusts.

How would the kids have trusts? His dad didn’t end up leaving him with anything substantial, and her family is fine but not that wealthy. There are definitely no trust funds. He had ok earnings for a few years but hasn’t had income in years and they piled on debt

Grandparents. Mine did it, lots of people I know have trusts set up by grandparents. Not uncommon in these circles.

Have you not followed this? His dad dies leaving their finances in shambles. Her parents are divorced and wealthy but not fund your kids life for 1mm plus per year wealthy. Her kids may have trusts but that won’t fix the now nor carry them for life.

NP And you wonder why these people are bad with money. They seem to not only understand nothing but make no effort to do so. As if a trust fund is some kind of inoculation against long term financial hardships

[Anonymous]

Guys, there are all different kinds of trust funds. A common one is an education trust so they can pay for college. I very much doubt they have trust funds to the tune of 1mil per year. 🙄

[Anonymous]

Anonymous wrote:Guys, there are all different kinds of trust funds. A common one is an education trust so they can pay for college. I very much doubt they have trust funds to the tune of 1mil per year. 🙄

+1

[Anonymous]

Candice headed to Real Housewives of Miami? Ana from the cast says she’s up for consideration! She said it on the Bravo Bench podcast.

[Anonymous]

Anonymous wrote:Candice headed to Real Housewives of Miami? Ana from the cast says she’s up for consideration! She said it on the Bravo Bench podcast.

That would be awesome. I have never watch an episode of real housewives because these women seem so boring, but I would watch this just to see what she is like.