Kaylah Walton
Tori Spelling and Dean McDermott remain entangled in a financial dispute that predates their official separation. While they navigate the process of finalizing their divorce after 17 years together, court records acquired by In Touch indicate that the duo is still dealing with mounting debts owed to City National Bank.
Documents dated May 16 reveal that Spelling, 52, and McDermott, 58, have not satisfied a court judgment imposed on May 22, 2017. A judge from the Los Angeles Superior Court ruled that they owed $202,066.10, alongside an additional $17,730.56 stemming from an overdraft on Tori’s bank account. Presently, their total debt has escalated to $395,393.11, which includes $175,596.45 in accumulated interest.
Root of the issues
The turmoil originated from a $400,000 loan secured in 2012. City National Bank initiated a lawsuit in December 2016, claiming breach of contract. The lawsuit stated that Tori and Dean ceased payments on both the principal and interest, leading the bank to demand full repayment of the remaining owed amount, which totaled $188,803.38 at that point.
Since then, the situation has seen little action until this recent update in May 2025, which indicated that the majority of the debt still remains unsettled. This financial strain significantly complicates an already delicate relationship.
Tori and Dean publicly announced their separation in 2023. “With heavy hearts, after 18 wonderful years and five amazing children, Tori and I have decided to part ways,” Dean stated during that time. Tori officially initiated divorce proceedings in March 2024, citing “irreconcilable differences” and declaring June 17, 2023, as the separation date. Dean, however, asserts that the separation took place on July 7 of the same year.
Impact on their marriage
In her filing, Tori sought primary physical custody of their children, while agreeing to share legal custody with Dean. She also requested spousal support, including coverage for her legal fees. In response, Dean contested the request for alimony for Tori in May 2024 and also asked that he be awarded alimony, alongside seeking joint physical and legal custody.
Progress in the case has been minimal over recent months, with Dean’s last submission being recorded in March and no upcoming hearings on the calendar. Despite the ongoing legal and financial issues, both seem to have moved forward in their personal lives.
Dean is now with Lily Calo, while Tori has begun a new relationship with CEO Ryan Cramer. Despite their individual pursuits, sources indicate that “Tori and Dean have truly moved past their issues” and that they currently share a positive rapport. Nonetheless, the bank debt continues to loom over them, unresolved and persistent.
