Credit: Instagram/Doritkemsley
Paul “PK” Kemsley‘s past financial troubles and potentially questionable decisions are resurfacing amid his divorce from Dorit Kemsley.
Over a week after the 48-year-old Real Housewives of Beverly Hills cast member filed for divorce — just one day after PK, 57, engaged in a public makeout with model Shana Wall, 50 — attorney Ronald Richards shared a couple of updates on PK’s finances as an insider revealed where the couple stands after PK’s PDA pics.
“Investigation update: Paul Kemsley’s use of community funds is going to be a big divorce issue with Dorit and is the reason why the house was in an LLC,” Ronald shared in a post on X on May 2, signaling Dorit’s apparent ownership of her and PK’s marital home in Encino, California. “Paul had two large judgments, $1.426M and $2.270M when Dorit first went on the show.”
According to Ronald, the judgments against PK were paid off by early 2022.
“The house was bought in 2019, so their judgment liens would not attach to the real property. This was the main reason,” he explained. “Paul could not qualify for any loan with these perfected liens recorded in LA County, and if the house was put in his name, their liens would attach to the equity.”
As for where PK got the money to pay off his $3.7 million debt, that appears unclear.
“This information was suppressed at the time because the show didn’t want to spoil the illusion,” Ronald alleged.
In a second post on X, Ronald offered another “complication” in PK and Dorit’s divorce — and it involved singer Boy George, 63, who PK manages, and a potential lien.
“Paul has leveraged and borrowed against the Boy George brand,” Ronald stated. “The lender has a perfected lien on this asset. Dorit will be subordinate to this lien. This loan will get paid back first.”
He also included a pledge of collateral that Dorit will reportedly be “stuck with.”
As for where Dorit and PK stand after his outing with Shana, a source told Us Weekly they “aren’t too friendly right now.”
“[Dorit] feels like it was calculated with the intent to hurt her. And she was hurt. She felt stabbed in the heart … [They] promised each other if they were to see other people, they would not be so public for the children’s sake,” the insider shared.
Dorit and PK share two kids, Jagger, 11, and daughter Phoenix, 9, and in her divorce filing, Dorit requested sole legal and physical custody, as well as spousal support.
“The divorce was already in the works and after the photos came out, she was ready to file,” the source explained. “Things were already done” before PK’s public kiss.
The insider went on to say that PK felt Dorit “changed because of the show,” and vice versa.
“She felt he changed as well. They grew apart,” they stated. “It’s been hard.”
Dorit “still cares about him because of the kids and everything they have gone through as a couple … She didn’t want it to be acrimonious,” the insider added.
No word yet on when production will begin on the upcoming 15th season of The Real Housewives of Beverly Hills.
