Joey Lawrence had a pretty cushy job at “Melissa & Joey” but after the show got canceled, he got into some massive debt. As reported by The Blast, Joey and his then-wife Chandie Lawrence filed for bankruptcy in 2017, claiming that their monthly expenses were over $25,000, leaving them $18,000 in the hole. They also owed $88,000 in back taxes and had a credit card debt of $132,000. According to the documents, the actor was making $534,000 in 2015 during his last season of “Melissa & Joey” but earned only $58,000 the following year. To make ends meet, Joey and Chandie sold off their personal items online and in consignment stores.
Read Related Also: A Look At Zac Efron And Leonardo DiCaprio's Unexpected Friendship
In 2016, Joey’s bankruptcy case was finalized and the trustee handling the legal matter was able to collect over $52,000, per The Blast. However, many of the creditors received none of the money they were owed and the IRS only got $31,000 of the $67,000 of the taxes owed, while the state of California only received about $7,000 of the $14,000 owed. While it seemed like troubles were finally behind Joey and his wife, the couple parted ways four years later after 15 years of marriage.
