Legal Battle Over Denise Richards' OnlyFans Income
In a recent legal escalation, the incomes of actress Denise Richards, notably from her participation on OnlyFans, are now threatened by wage garnishment actions due to debts associated with her ex, Aaron Phypers. This development follows a move by Creditors Adjustment Bureau to recover approximately $228,000 in unsettled debts owed by Phypers, primarily originating from a defaulted business loan.
Background of the Debt Issue
The crux of this financial debacle stems from a $190,000 business loan for Phyper's company, Quantum Epigenetics Consulting. Documents reveal that Phypers has been unable to fulfill the loan repayment obligations, leading to significant arrears. His financial strain was exacerbated by the pandemic, ultimately ceasing payments after a partial repayment totaling $40,000, with the last installment made in February 2024. Subsequent legal proceedings have enabled the creditor to target Richards' earnings in an effort to settle the outstanding balance.
Financial Strain on Phypers
In a detailed court submission, Phypers reported severe financial difficulties following the shutdown of his business last year, claiming zero income post-closure. His disclosed expenses include monthly outlays of $18,000 on rent, $7,000 on childcare, and significant amounts on daily living costs, aggregating over $100,000 a month, further illustrating his challenging economic situation.
Implications for Denise Richards
Having ventured into platforms like OnlyFans, where public figures can monetize their content directly from fans, Richards now faces the potential diversion of her earnings to cover debts linked to Phypers. The situation underscores the intertwining of personal and financial affairs in celebrity marriages and their complex legal repercussions post-separation.
The Court's Involvement
The court has ratified the creditor’s plea to pursue the full $228,000 from Richards' future earnings to settle the debts incurred by Phypers. This ruling marks a significant turn in the legal proceedings, directly impacting Richards' financial autonomy.
