SHOCKING photos show the dilapidated state of Serena Williams’ childhood home, which was left to rot by her stepmother who spent money on fast food while staying at the property.
Lakeisha, 43 and 37 years her junior, then turned to “hardcore lender” David Simon, who loaned her $279,000, which she spent on a failed trucking business.
The property was due to be auctioned on February 18 this year, with most of the proceeds going to Simon, who is owed $513,213.67 including interest.
But the day before, Lakeisha filed for Chapter 13 bankruptcy for the second time and stopped Sale.
The bankruptcy case was thrown out, as were Richard’s claims on the house, which will now be sold unless Lakeisha appeals within 14 days.
These photos, included in Simon’s motion to dismiss the case, show like a broken estate in Palm Beach Gardens, Florida.
The roof appears to have been haphazardly repaired dozens of times, while the property is home to an abandoned truck and crumbling outbuildings.
Simon’s motion to dismiss Lakeisha’s bankruptcy was granted because he argued that the property had deteriorated to the point that it was currently uninsurable due to its condition.
Stated in court proves that “the debtor does not provide sufficient protection to the collateral of the secured creditor, the House of Representatives. The house is uninsured, the roof is leaking and the insurance is in danger of being a total loss.”
He also claimed that Lakeisha’s financial plan to pay back $11,000 each month would never happen because she was relying solely on money from her aunt, Betty Downing, who also lived in the house.
In a motion to dismiss the case, he added, “Furthermore, the borrower does not have sufficient disposable income to address the mortgage default. Although her income appears to be substantial, the Debtor spends all of her income on fast food and frivolities
“The debtor’s bank statements after filing reflect that the debtor has increased his income and increased his expenses. He cannot afford to pay $11,000 a month.”
Lakeisha admitted in her deposition that she only relied on Downing for money, who also lived ownership.
It is unclear whether their son Dylan, now ten, also lived there or with Richard.
The pair are believed to have reconciled for a while when they put their divorce on hold and asked the courts to dismiss the case with her lawyer saying they “engaged in an active married life including regular weekly sexual relations, including on January 9, 2022. .”
But recent legal developments seem to indicate that divorce is firmly back.
This means that both Richard and Lakeisha, who are yet to finalize their breakup, are losers in this situation.
Richard is likely to lose the property he bought in 1995 for $355,000 with Serena’s mother, Oracene, before they divorced in 2002.